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Paradigm Partners Newsletter

April, 2010
Greetings
 
The purpose of our newsletter is to keep you informed and up-to-date on the latest regarding R&D Tax Credits, Cost Segregation, IC-DISC (Exporters' Tax Incentive), WOTC/HUD Zone, Section 179, other tax related issues, Business Development and Personal Development.
 
If you find the Newsletter helpful, you may want to forward it to a friend.  Just click below.
 

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NoticeParadigm Offers Free Webinar on New Biotech Tax Credit

Special Webinar
 Overview of the Qualifying Therapeutic Discovery Project Credit
   (Therapeutic Tax Credit)
 
The Qualifying Therapeutic Discovery Project Credit ("the Credit") was created by Congress as part of the Patient Protection and Affordable Care Act passed on March 23, 2010.
 
The potential incentive for small to mid-sized biotechnology companies is significant but there are limited funds available and there is a short two year window to take advantage of the incentive on a first come, first serve basis.

 
The credit is limited to companies with 250 or less employees.
 
In response, we have created an informational webinar that will help you determine if you or your clients can take advantage of this outstanding incentive and how to act quickly.
 
Lucrative Opportunity for Small to Mid-sized Biotechnology Companies
Overview of the Qualifying Therapeutic Discovery Project Credit
 
The webinar will outline the positive and negative aspects of the Credit and why you must begin the process immediately to obtain a piece of the pie.
 
 
Note: The webinar is not for CPE Credit 

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Register Here Now:
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Go here for a Schedule and to Register:
http://www.paradigmlp.com/UserFiles/file/WebRegACC.html

FeatureLucrative Opportunity for Small to Mid-sized Biotechnology Companies

  Overview of the Qualifying Therapeutic Discovery Project Credit 
 
The Qualifying Therapeutic Discovery Project Credit ("the Credit") was created by Congress as part of the Patient Protection and Affordable Care Act passed on March 23, 2010. The potential incentive for small to mid-sized biotechnology companies is significant but there are limited funds available and there is a short two year window to take advantage of the incentive on a first come, first serve basis.
 
Consequently, the time to act is now or you will miss out on this opportunity.
 
This article will outline the positive and negative aspects of The Credit and why you must begin the process immediately to obtain your piece of the pie.
 
 
 
ValantValant & Company's Solid Rules
Can Ensure Success in Life, Business
Editor's Note: Today we present the fourth installment in a special inspirational series from business performance improvement expert Laurence B. Valant, who specializes in growing profits for accounting firms and general business. Larry has been a frequent contributor to our newsletter, and again today, we feature excerpts from his new book, Stop Breaking These Rules! 100 Hard-Hitting Truths for Business Integrity and Performance. If you want more information or would like to order a copy of the wonderful new book, please visit www.valantco.com.
 
43 - Top management determines and sustains corporate culture.  
 
Top management, that is the CEO or the general manager and their management teams, determine and sustain corporate culture through their beliefs, actions, and behaviors, whether spoken or written or simply by their demeanor as they pass others in the hallway.
 
Those top managements which act with kindness, consideration and professionalism (without being stuffy) create a warm, safe and encouraging environment. Top managements which reflect indifference or superiority and who tolerate unkindness foster dissatisfaction.
 
We have all heard the saying, "They talk the talk but they don't walk the walk."  Your culture will mirror your walk no matter how much you talk. Well written mission statements and core values, while important, are just talk. Top management must walk the walk.
 
There are a few walk-the-walk fundamentals which, if implemented by top management, will strongly influence and sustain a positive company culture. They include 1) hallway demeanor: getting to know the names of and greeting those you pass in the hallway 2) walking through the cubicles / plant and actually listening to those who make your product 3) regularly visiting a staff meeting other than your own 4) insisting that all who report to you demonstrate kindness, fairness and integrity.
 
These simple top management fundamentals are the foundation of a good culture and without which a positive working culture dedicated to success cannot be sustained.
 
44 - Management is a skill born of how children have been raised.
 
Because high self-esteem and high levels of confidence are traits common to the top 5% of management, I have always attributed a portion of management success to good parenting. The foundation for our self-perception is developed when we are very young, often before we reach the age of 3 or 4, and guided and nurtured by our parents as we navigate through the potentially harmful minefields of life (especially junior high and high school!)
 
While one cannot go to a class or a seminar to acquire or repair self esteem and confidence, there are some basics that when acquired reflect self confidence.  When I evaluate a person's level of self confidence, I ask, "Does this person walk with purpose?  Do they look me in the eye when we talk?  Is their handshake firm? Can this person get to the point in few well phrased sentences?"
 
Those of us who were fortunate enough to have parents who loved and nurtured us, taught us, gave us positive feedback and encouragement, survived with appropriate levels of self-esteem and self-confidence. It is a good idea for the rest to practice!
 
45- People don't leave companies, they leave managers.
 
-First, Break all the rules, by Marcus Buckingham and Curt Coffman
 
Sadly, while many people in positions of management are not bad people, few tend to be good managers, and so our common experience is that of being poorly managed. Accordingly, we fail to enjoy our jobs. Companies are often personified by a particular manager, and while some may work for great men and women, most do not. Our company view is often formed by a negative experience with a manager.
 
Turnover among employees occurs, usually, not because of company policies and practices but because of managers within the company. When employees say they have had enough, their reaction is usually because of a poor manager and their negative experience with him or her.
 
Unfortunately, during their exit interview, the departing employee will likely say they are leaving for a better job or more money, and therefore the offending manager remains in place to further add to the company's turnover statistics. And likely, the offending manager will complain about the need for a better selection and hiring process - which probably should start with him!
I hope you have benefited from our Newsletter.  Do not hesitate to contact me if you have any questions about what you heard or read in this Newsletter. 
 
Sincerely,

Mark Lauber
VP of Marketing
Paradigm Partners
281-558-1700 X-105

www.ParadigmLP.com