Diving deeper into what productivity means for these respondents, the top 3 benefits they highlighted were higher revenue, shorter workdays, and lower costs. For example, nearly a quarter (24%) said “work days are shorter” thanks to AI, compared to 11% who said workdays are longer; and 41% said “revenue is up” thanks to AI, compared to 2% who said revenue is down.
These businesses are using AI to help tackle everyday tasks more efficiently, freeing up time for other critical operations. The top 5 reported uses of AI are for marketing (43% use AI for this), customer service (36%), administrative tasks (33%), data processing (32%), and bookkeeping (29%).
86% report their business is stable or growing
Overall, more than 8 out of 10 respondents (86%) said their businesses are “stable” (44% reported this) or “growing” (42%). The number reporting growth (42%) is up from a low of 17% in July 2024, a notable increase.
But rising costs (inflation) remain a concern. Half (50%) said this is the number-one challenge they currently face, and 55% predict further cost increases ahead. The top 3 causes respondents pointed to are wages (39% identified this), domestic supplier costs (36%), and energy costs (28%).
Key takeaway
AI is proving to be a game-changer for small businesses, driving efficiencies and fostering growth. While challenges like inflation persist, AI is helping some to take control by boosting productivity.
For more information—including the survey methodology—read the full Small Business Insights report, updated every three months.