5 Free AI Tools Every New Business Should Use
Starting a new business can often feel like an uphill battle, with concerns over finances and the demanding responsibilities of being a business owner weighing heavily. However, there is a solution that can ease the burdens faced by small and new businesses: AI tools.
These innovative tools offer significant time and cost savings. What's more, many AI tools provide a complimentary starter package, and even their most affordable options are within reach for small businesses.
This opens up incredible possibilities for individuals to gain independence and lessen their dependence on an employer’s monthly paycheck.
If you're wondering about the best free AI-driven tools available today and how they will continue to evolve in the future, look no further.
I'm thrilled to share my personal top 5 favorite AI-powered tools for new businesses:
1. Virtual Assistants
are a valuable tool for small businesses, allowing them to delegate repetitive tasks and increase productivity.
With features like meeting summaries sent via email and full meeting transcriptions, services like Otter.ai and fireflies.ai make it easy to stay organized and retrieve important information.
Best of all, both platforms offer generous free starter packages and simple onboarding processes.
Free Deal:
fireflies.ai: 1 transcription per month (but the starter package is only 10$ per month)
Otter.ai: 300 min meeting transcription monthly
2. Content Generation for Copy
In today's business landscape, it's essential for every company to have a website, and ideally, a social media presence as well. Fortunately, with the rise of artificial intelligence, we now have incredible tools at our disposal to enhance, write, and even generate ideas for copy.
While ChatGPT is certainly a popular choice, there are other fantastic free tools available that allow you to effortlessly adjust the tone without having to explain it in written form.
Two such tools that I highly recommend are Paragraph.AI and ContentBot.AI. Both of these platforms offer convenient Chrome Extensions and even provide a free starter package.
Free Deal:
Paragraph.AI: 5 daily writes
ContentBot.AI: up to 10,000 words monthly
3. Video Content Generation Tools
Video marketing is omnipresent, and it's imperative for small businesses to harness its power.
Pictory extends a warm welcome to new businesses by enabling them to craft up to 10 minutes or 3 project videos. As a budding enterprise, you may find this is more than sufficient to kickstart your creative journey.
Pictory boasts an extensive library of royalty-free videos and a diverse selection of AI voice avatars at your disposal. What's truly exciting is that the software is incredibly user-friendly.
Even if you're a complete novice with zero editing skills, you'll be pleasantly surprised by how effortlessly you can craft captivating YouTube ads or compelling company introduction videos.
Free deal:
Pictory 3 projects or 10min of video content
4. Chatbots
Are you tired of receiving the same emails with repetitive questions from potential clients? Imagine the relief of having those queries answered instantly by a friendly chatbot on your website.
That's precisely what chatbots excel at — qualifying leads, scheduling meetings, or even generating support tickets with a series of automated responses.
By employing a chatbot, you can efficiently gather initial information from visitors, streamlining the conversation process.
Companies like HubSpot, Chatfuel, and Manychat offer fantastic free plans for this initial interaction, making integration a breeze.
If you're leaning towards chatbots on your website, HubSpot is your go-to choice.
On the other hand, if you prefer initiating conversations with customers via WhatsApp, Facebook, Instagram, SMS, or Telegram, Manychat is the perfect ally.
Free Deal:
Hubspot: 4 chat questions per bot
Manychat: 1000 users
5. Language Models (LLM)
Without a doubt, Language Models (LLMs) like ChatGPT or Google's Bard are essential additions to any list of free AI-powered tools. They're versatile and can assist in a multitude of tasks, making them a no-brainer choice.
These LLMs are akin to super-smart text generators, fueled by vast amounts of written knowledge to understand and produce human-like language.
With continuous learning from massive datasets, they continually enhance their ability to comprehend and generate text.
Their utility is undeniable; they can aid in various tasks such as essay writing, answering questions, and even language translation, thanks to their mastery of language structure.
For budding businesses, LLMs offer a wealth of possibilities, including:
Providing Information
Sparking Innovative Ideas
Crafting Compelling Content (copy)
Giving Clear Instructions
Formulating Text
Language Translation
Summarizing and Simplifying Complex Information
Free Deal:
ChatGPT Version 3.5 is free and my personal favorite despite some glitches here and there
Still looking for Free Accounting Software
One thing I was not able to find is free Accounting software. If you have to write many invoices or your bookkeeping requires much of your attention, I do recommend to signup to a cheap accounting software provider.
Quickbooks and Bonsai start at 18$ and 25$ monthly already and will save you tons of manual work, with Bonsai specialising on freelancers with special features like time tracking or contract creation.
Embrace these AI tools, and you'll kickstart your journey with ease, gaining a competitive edge over less forward-thinking competitors who have yet to explore the vast potential of AI.