Average Expenses For Small Business is a term used to describe the overall operating costs of running a small business. This includes the cost of materials, labor, rent, marketing and other overhead items that are required to keep the business running. Understanding average expenses can help small businesses manage their finances better, plan for growth and identify areas where they can reduce expenses. Knowing how much you’re spending and how it compares to similar businesses in your industry can give you an edge in staying competitive and profitable.