AI can also make small businesses work faster and produce more, which can help them do well even when they're up against bigger companies.
For small businesses, it's not easy to keep costs low when prices are going up and people are getting paid more. But some have found a solution with the help of AI.
Making brochures and presentations used to be a long process that took many days of researching and writing. But now, thanks to AI, these tasks can be completed in just a few hours. This gives his assistant more time to focus on other tasks.
A company that helps small businesses with digital marketing and automation recently talked about a survey they did in June. They asked 486 small businesses, and 91% of the ones using AI said it helped their business do better. They also mentioned that AI saved them time, reduced mistakes, and helped them grow faster.
Additionally, 28% mentioned that they think AI and automation will help them save at least $5,000 in the next year.