---
title: "Survey: Small Business Owners Report Lost Revenue"
url: https://burnaze.com/article/c4dca3e0-cfec-490c-854e-73848dbd187d
source: "Franchising.com"
original_url: https://www.franchising.com/articles/20250611_survey_small_business_owners_report_lost_revenue.html
author: "M. Scott Morris"
category: "Finance"
topics: ["Finance & M&A"]
published: 2025-06-11T07:00:00.000Z
modified: 2026-10-31T20:29:44.014Z
image: https://imgs.franchising.com/art/articles/9625_plate.jpg
---

# Survey: Small Business Owners Report Lost Revenue

**TL;DR:** A survey by Alignable found that 55% of small business owners report lost revenue, with 45% ramping up networking to help them uncover new opportunities and build resilience. The survey of over 4,000 small business owners found that tariffs, attracting new customers, and inflation are top concerns.

*By M. Scott Morris, originally published in Franchising.com on 2025-06-11. [Read the original](https://www.franchising.com/articles/20250611_survey_small_business_owners_report_lost_revenue.html).*

## Story

In a new report from Alignable, 55% of small business owners say their earnings have been cut in half since last year, marking a 10-point spike from December. In addition, 45% say they've ramped up networking to help them uncover new opportunities and build resilience. "These problems won't disappear overnight, but we're seeing remarkable resilience from business owners uncovering new opportunities through their network," said Eric Groves, Alignable CEO and co-founder.

More than 4,000 small business owners were surveyed from May 12 to June 3, and their answers were combined with more than 25,000 responses collected over the past six months. Key findings: 55% report making half or less than they made this time last year. 51% say customer spending is much lower than 2024.

Tariffs, attracting new customers, and inflation top the list of concerns. Industries seeing the steepest earnings declines: Travel/lodging, 60% Home furnishings, 59% Automotive, 58% Arts/music, 56% Real estate, 56% Retail, 55% Restaurants, 54% Finance, 54% Pain points by state: California, 59% Florida, 58% Illinois: 55% Texas, 55% Massachusetts, 54% New York, 38% Signs of resilience Overall, 45% say active networking is opening doors and helping them grow, despite challenges. Top 5 strategies: Prioritizing customer retention Cutting costs and reducing overhead Networking more to find new customers Expanding into new markets or services Securing new referral partners For the full report, click here.

## Entities

- Franchising.com (publication)
- Finance (sector)
- M. Scott Morris (person)
- small business (topic)
- inflation (topic)
- networking (topic)
- Alignable (company)
- resilience (topic)
- Eric Groves (person)
- revenue loss (topic)

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Originally reported by M. Scott Morris, Franchising.com (https://www.franchising.com/articles/20250611_survey_small_business_owners_report_lost_revenue.html). Summarized by Burnaze (https://burnaze.com/article/c4dca3e0-cfec-490c-854e-73848dbd187d).