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Articles by Danny Lessem
Government should make use of existing tech solutions and information sharing protocols to reopen the economy safely, says ELMO Software
Danny Lessem, ELMO Software CEO GUEST OPINION by Danny Lessem CEO ELMO Software: Australian tech solutions can facilitate the next step in reopening the economy through secure information sharing of employees’ COVID-19 vaccination and test status between Government, business and the tech sector.
Boost the value of HR in your business – bring it out of the back office and into the cloud - Dynamic Business
Wed 1 March 2017 - 2:19 pm Cloud | Tech By Danny Lessem Traditionally, human resources (HR) is seen as the very epitome of an organisation’s ‘back office’, in managing hiring, payroll, workforce administration, and so on. But there is the opportunity for HR to take a far more proactive and strategic role in the organisation, and that can be achieved by leveraging the capabilities of the cloud.
Seven tips on managing the change to the new payroll process
In the previous article, we discussed the changes to Australia’s new payroll process, Single Touch Payroll (STP), and why businesses must digitise payroll to ensure they are STP-compliant. This week, we discuss seven helpful tips to assist businesses and HR managers in getting STP-ready, to foster a smoother transition process.
New inquiry into international initiatives that provide SMEs affordable access to capital
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has commenced an inquiry into international initiatives designed to address the funding gap for small to medium sized enterprises (SMEs). [Related: Small Business Ombudsman calls for Govt to consider UK approach to boosting SME finance, Major barriers to SME investment explored by new report from Small Business Ombudsman and Small business loans in Australia: should you seek finance from a bank or an online lender?
Let's Talk… Celebrating Success
For this week’s “Let’s Talk…” feature, we asked nearly a dozen thought leaders, including startup founders, to discuss how they celebrate success in their businesses. ‘School-style’ awards, wine and cheese afternoons, a whole-of-company trip to Bali, recognition on social media, hot air ballooning and the sounding of a gong were amongst the celebratory traditions named.
Is your startup ready to list? There's more than one way to skin a cat when it comes to capital
The recent trials and tribulations of Australian tech startups Big Un and Get Swift should serve as a timely cautionary tale for many aspiring businesses. Both have recently fallen foul of the ASX’s continuing disclosure requirements and face uncertain futures. While both have earned the ire of shareholders and the regulator for different reasons, their problems ultimately boil down to the same thing – they simply weren’t ready to go public.
Real value of SMS for your business
Just imagine spending little money with minimal effort and having all your customers, clients and employees know what’s going on or what you have to offer all in a split second. Sounds fictitious. Not in this day with our latest technology, you only need the internet and your target market mobile phone numbers. So what is the solution? Simply, it’s SMS (Short Message Service).
Aspiring 'neobank' Xinja raises $2.4m from everyday Aussies through crowdfunding
Fintech startup Xinja has successfully raised more than $2.4 million through crowd-sourced equity funding platform Equitise to close out Australia’s first full retail crowdfunding offer. The fintech startup, which is seeking to become Australia’s first ‘neobank’ (a bank sitting purely on a digital and mobile platform), sought to raise between $500,000 and $3 million through Equitise, and closed out the round on Saturday, 31 March with $2,443,250 from 1319 investors.
Can ‘For-Profit’ businesses still have a Social Impact? BenchOn's founder provides answers
‘You can’t make a profit while you are creating social impact, that would be wrong.’ This was a statement made to me by a Year 11 student taking part in an Entrepreneurial Challenge Week, where the students were challenged to develop a social impact business within 5 days. Taken aback, I asked ‘Why?’. The five girls in the group conferred for a minute and then let me have it.
Meet the female-led startups participating in the 2018 Springboard Enterprises Accelerator
Eight female founders, representing tech startups across a range of industries, have been selected to participate in SBE Australia’s 2018 Springboard Enterprises Australia Accelerator program.
5 ways a business blog can improve your sales
A blog is an invaluable marketing tool that can help your business reach new customers, retain existing customers and even generate more sales. Unfortunately, many business owners ignore these benefits and, instead, focus their marketing strategy on minimally effective outbound techniques. Regardless of what type of business you operate, though, a blog can increase your sales in several ways. Publishing unique, high-quality content on your blog will encourage higher search rankings.
5 ways you can avoid accidents in the workplace
When people hear the term “workplace accident”, they often think of people in high-risk jobs working with heavy machinery, with dangerous substances, or working at height. But the reality is that even someone who spends most of their day answering the phone, typing letters or driving a van can be at risk of workplace injury.
Nanosatellite startup Myriota raises US$15m
Space tech startup Myriota, the 2017 Telstra South Australian New Business Award winner, has closed a US$15 million Series A funding round.
AI democratisation startup Daisee raises $8.8m; CEO talks 'taking a leaf' out of Google's book
Artificial intelligence startup Daisee has raised $8.8 million in Series A funding round led by Alium Capital. Speaking with Dynamic Business, co-founder and CEO Richard Kimber explained the investment would support Daisee’s efforts to ‘democratise’ AI and combat Australia’s ‘brain drain’. Launched in August 2017, Daisee leverages AI research from within Australia’s university ecosystem to create software applications for companies across a variety of industries.
Australia's Competition law penalties may be too low to sufficiently deter breaches: report
The OECD has found that penalties for competition law breaches are ‘significantly lower’ in Australia than in comparable OECD jurisdictions, prompting the nation’s competition regulator to announce it will rethink its approach to competition law enforcement. The OECD report, Pecuniary Penalties for Competition Law Infringements in Australia(link is external) compared the penalties for companies which breach competition laws in Australia with the EU, the UK, Germany, Japan, Korea and the USA.
Let's Talk… Smart Growth
When startup founders first get up and running, they must, of out necessity, be lean and nimble – and that keeps them sharp. As resources become less scarce, it will become more and more challenging for founders and their teams to embody these qualities. In turn, this may lead them to lose sight of what made their startup great to begin with and focus on the ‘wrong kind’ of growth.
Moving from solopreneur to entrepreneur: tips on delegating and scaling your business
While small business owners often dream about one day scaling up their operations, many struggle to let go of their early stage business responsibilities so they can allocate the time to delivering high value tasks and growing the business.
How market volatility affects small business
It’s far from a secret that macroeconomic trends can have a major impact on small businesses. Among the trends that typically has the greatest impact on these small enterprises is volatility in the market. When markets become unstable, the results can make or break the small businesses that make up the core of most economies. Here’s what you need to know about how different types of volatility in the market can affect smaller and medium-sized business enterprises.
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