8 Best AI Tools for Small Businesses

Artificial intelligence (AI) is a game-changer: it’s giving small business owners the power to do more—and create more—on a limited budget.

Whether you’re a solo entrepreneur or working to build a small startup team, these 10 Best AI Tools for Small Businesses will help you market your small business, get new leads, reduce repetitive tasks, free up time in your day, and more.

1. Munch

Munch is an AI platform that allows users to repurpose video content.

10 Best AI Tools for Small Businesses

Munch is a tool that automatically converts a single lengthy video, such as one created for YouTube, into multiple shorter clips. The software’s AI-driven approach eliminates the need for video editing skills or specialized tools.

Upon uploading a video to Munch, the system transcribes the content and identifies suitable segments for short-form videos. It also provides keyword volume data for topics within each clip.

This feature makes Munch particularly useful for creating marketing videos efficiently.

Potential Business Applications for Munch

How Can I Use Munch in My Business?

Munch can be utilized to produce brief videos tailored for various social media platforms:

  • YouTube Shorts

  • LinkedIn

  • TikTok

  • Instagram

  • X

How Much Does Munch Cost?

Munch offers a free trial that allows users to create up to two video clips with watermarks. To access watermark-free videos and increased production capacity, a Pro plan is required.

 

Subscription options begin at $40.80 per month with annual billing, allowing users to upload 200 minutes of video content monthly.

2. ChatGPT

ChatGPT is a conversational AI chatbot.

The application functions directly in your web browser and can interpret both written and spoken input—allowing you to interact with it as you would with another individual. This capability is achieved through OpenAI’s implementation of natural language processing (NLP) technology.

While ChatGPT is well-known among many entrepreneurs, GPT-4 enhances its capabilities significantly.

The updated version allows users to input text, speak, upload files, and even display their entire computer screen to ChatGPT. Given its extensive training on diverse datasets, the AI can now:

  • Perform online searches and provide answers
  • Examine documents containing text, figures, and programming languages
  • Retrieve information from various files
  • Replicate recognized writing styles and tones
  • Generate images based on textual descriptions
  • Resolve mathematical equations

Additionally, ChatGPT enables users to create specialized GPTs. These function as tailored, AI-driven chatbots designed for specific purposes. For instance, one could develop separate GPTs to assist with writing tasks, social media content planning, and managing customer inquiries.

How Can I Use ChatGPT in My Business?

  • Composing customer service emails
  • Examining legal contract wording
  • Providing business development insights
  • Developing email marketing strategies
  • Organizing social media content schedules
  • Performing market analysis
  • Checking business documents for errors
  • Facilitating real-time communication with clients who speak different languages

How Much Does ChatGPT Cost?

ChatGPT is available for free to all users, but there may be restrictions on:

  • Message sending volume
  • Response time
  • Available AI model versions
  • File upload and output options

To access all of ChatGPT’s features and remove usage limitations, users can subscribe to ChatGPT Plus for $20 monthly.

3. Pitch

Pitch is an AI tool for building slide decks.

Pitch offers a platform for creating presentations suitable for various purposes, including training sessions, sales pitches, and marketing meetings. The process is straightforward:

1. Integrate your existing tools for storing brand assets and documents
2. Select a preferred template to begin
3. Instruct the AI to adjust the design elements, including colors and graphics
4. Utilize the AI to produce slide content or refine text from existing documents

Pitch provides over 100 presentation templates to help you start, but you also have the option to upload your own branded PowerPoint file. Regardless of your choice, the AI will handle all necessary modifications.

How Can I Use Pitch in My Business?

Pitch accelerates the creation of comprehensive, ready-to-present slide decks. It can be utilized when you need to:

  • Combine charts, graphs, and information to showcase your company’s potential for growth
  • Illustrate to potential investors the reliability of your company
  • Create a reusable slide set for orienting new employees
  • Present your company to potential sales clients

How Much Does Pitch Cost?

Groups of one to five individuals can create an unlimited number of presentations at no cost with Pitch. The only limitation is that your slides will include Pitch branding.

 

To remove any references to Pitch from your presentations, you’ll need to subscribe to a paid plan. Pricing begins at $22 per month (with annual billing) for two user accounts.

4. Mem

Mem is an AI note-taking tool and knowledge base.

Mem operates on a straightforward principle: utilize the application as your primary note-taking tool, and an embedded AI will respond to inquiries about your notes.

This feature differs from ChatGPT’s capability to answer questions on research topics. The Mem AI learns from your existing notes and can perform various tasks:

  • Condense meeting information
  • Retrieve details about your past encounters and their timing
  • Produce messages for team communication
  • Present an overview of project status

Additionally, Mem offers suggestions for notes that might be relevant to the document you’re currently working on. This function can provide timely reminders and additional context when you need it most.

How Can I Use Mem in My Business?

Mem functions as a digital memory aid, allowing you to:

  • Store crucial supplier and networking information
  • Provide overviews of meeting topics
  • Recall conversations from previous prospect interactions
  • Access earlier notes and concepts that could impact your current work
  • Convert notes into sharable emails and articles

How Much Does Mem Cost?

Mem is not a free service. Individual subscriptions cost $8.33 monthly when billed yearly. For teams, custom pricing options are available upon request.

5. Lumen5

Lumen5 is an AI video generator.

In contrast to Munch, which edits and adds captions to your existing video content, Lumen5 enables you to transform written material into videos by combining various elements:

  • Media from your uploads or website
  • Stock imagery
  • Text and graphics displayed on screen
  • Company logos
  • Computer-generated voice narrations

For those who wish to appear in their videos, Lumen5 offers support. After filming and uploading your footage, Lumen5’s artificial intelligence will:

  • Produce a script and captions
  • Assist in creating on-screen highlights and lower-third graphics
  • Enable video editing through transcript manipulation

How Can I Use Lumen5 in My Business?

Lumen5 offers a way to transform your blog content into visual media. By inputting your blog posts into Lumen5, you can swiftly create videos for your website. This provides your audience with the flexibility to read, view, or hear your content.

How Much Does Lumen5 Cost?

You can create five videos per month for free, with limits on resolution and length—as well as a Lumen5 watermark.

To increase usage limits, remove watermarks, and unlock additional features, you’ll need a paid plan. Options start at $19 per month, billed annually.

6. Eleven

Eleven is a text-to-speech generator.

Eleven offers several functionalities:

  • Convert written text to speech using lifelike AI-generated voices
  • Change spoken audio into one of 29 different languages
  • Add voiceovers to YouTube videos in alternate languages
  • Generate audio effects for video content

However, Eleven’s standout capability sets it apart from similar AI tools for audio and video: the ability to create an AI replica of your own voice.

This feature allows you to transform your written articles into audio files that sound like you’re narrating them. Additionally, you can use your AI voice duplicate to provide voiceovers for your organization’s videos without the need for recording equipment.

How Can I Use Eleven in My Business?

Eleven simplifies several tasks:

  • Creating custom audio greetings to welcome new clients to your company
  • Adding audio effects to improve TikTok and YouTube content
  • Reaching customers in different global regions through audio translations

How Much Does Eleven Cost?

The free plan allows users to convert 10,000 characters into audio monthly, limited to Eleven’s existing voice collection.

 

For voice cloning, paid plans are necessary. These begin at $5 monthly or $50 annually.

7. Scribe

Scribe is an AI-powered tool for creating step-by-step guides.

Scribe operates by taking snapshots of your actions and incorporating them into an editable document as you proceed. The software recognizes transitions between steps in your workflow and automatically generates descriptions for each.

After completing your task, you can review Scribe’s capture and make any necessary adjustments. You have the option to:

  • Modify the captured images and descriptions
  • Obscure confidential information
  • Include your company’s visual identity

You can then save the Scribe document as a PDF or distribute a Scribe link to others.

How Can I Use Scribe in My Business?

Scribe is useful for creating documents that walk readers through:

  • Standard operating procedures for different tasks
  • New hire onboarding steps
  • Customer account management options
  • Topics covered in a course or webinar

How Much Does Scribe Cost?

A free version is available via the Chrome extension, allowing users to capture processes within their web browser.

 

For desktop or mobile process capture and output customization, paid plans are required. These begin at $23 monthly (with annual billing) for a single user, or $12 per user monthly (with annual billing) for five or more users.

8. Rytr

Rytr is an AI content writing assistant.

You can utilize Rytr to create various types of business content, ranging from emails to complete blog articles. Rytr also provides with significant control over the content it generates. You are able to:

  • Rephrase, adjust the tone, or elaborate on individual paragraphs
  • Incorporate your own writing alongside the AI’s output
  • Produce several versions of the same content with a single click
  • Modify Rytr’s level of creativity
  • Generate content in different languages

Additionally, Rytr can assist in editing your existing content by suggesting alternative words and expanding on specific topics. It can also condense lengthy, complicated sentences.

A major advantage of Rytr is the ability to tailor it to your own writing style or that of your clients. This feature allows the AI responses to resonate more naturally with the writers and brands involved.

How Can I Use Ryter in My Business?

Professional writers and marketers utilize Rytr, but it is accessible to anyone looking to enhance the content on their business websitesRytr proves beneficial when you aim to:

  • Work alongside an AI assistant during the writing process, the AI to generate some content while you contribute the rest.

  • Write in a language that is not your first language.

  • Quickly produce various versions of a draft.

  • Adjust the tone of your writing to be more formal, casual, straightforward, or humorous.

Additionally, Rytr can be accessed through a Chrome extension, making it readily available.

How Much Does Rytr Cost?

With Rytr, you can produce up to 10,000 characters of text each month for free. However, free users are unable to train the AI to adapt to their specific tone of voice.

 

To access tone matching and other premium features, such as plagiarism detection, you will need to subscribe to a paid plan, with options beginning at $7.50 per month when billed annually.

Conclusion

In wrapping up, it’s clear that AI tools can be game-changers for small businesses. The top tools we’ve explored help with everything from automating everyday tasks to delivering valuable insights through data analysis. By using these technologies, small businesses can run more smoothly, offer better customer service, and make smarter decisions, paving the way for growth and success. Embracing AI isn’t just a nice-to-have; it’s a smart strategy for staying ahead and thriving in today’s fast-moving business world.

For further insights into how data can drive your business forward, check out our article on the 7 Top Data Analytics Tools in 2024. It highlights additional tools that can provide even more depth and understanding of your business data, offering you a comprehensive edge in making data-driven decisions.

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