Biz2Credit released its monthly Small Business Earnings Report for January 2025, which revealed that average monthly earnings were $32,300, the lowest level recorded in the past 36 months of data analyzed in the report. While average monthly revenues increased to $758,100, expenses rose to $725,800, their highest level since Biz2Credit began tracking the earnings data of small businesses in January 2022.

“The Biz2Credit Small Business Earnings Report for January 2025 shows us that even though revenue is climbing for small businesses, rising costs are eating into their earnings. January is usually a tough month for small businesses as consumers typically pay off holiday expenditures and scale back expenditures,” Rohit Arora, CEO and co-founder of Biz2Credit, who oversaw the research, said. “The challenge for small businesses owners is whether or not expenses will continue rising at a higher rate than revenues. If and when the Trump administration makes headway in battling inflation, which was 3% in January, SMB earnings should rise again. “While some small business owners may raise prices, some industries, such as restaurants hurt by the soaring price of eggs, may risk losing customers by doing so.”

Key Findings for January 2025:

• Average Monthly Earnings: $32,300. (Dec. 2024: $42,100 – a decrease of nearly $10,000)
• Average Monthly Revenue: $758,100. (Dec. 2024: $747,500 – an increase of $10,600)
• Average Monthly Expenses: $725,800. (Dec. 2024: $705,400 – an increase of $20,000+)
• A year ago, in January 2024, average revenues were $588,500; average expenses were $512,000; and average earnings were $76,500, more than double the figure of January 2025, a year later.