Paradigm Partners Newsletter

August 31, 2011 - Paradigm Partners, a leading international tax and cost recovery firm, has been named in Inc. Magazine's 2011 Top 500 List of the nation's fastest-growing private companies. Recognized as a pioneer in complex federal and state tax and funding incentives, and bolstered by its 3-year sales growth of 680% and annual revenues of over $8 million, Paradigm Partners is honored to be ranked amongst industry leaders in the country's most prestigious corporate growth publication.

Proudly located in Houston, TX, Paradigm Partners achieved a No. 37 distinction in the nationally-tracked Business Products and Services category and was awarded a ranking of No. 9 in Houston, TX.

Saqib Dhanani, co-founder of Paradigm Partners, commented on the foundation of the Company's success, "Our intellectual property and tax attorneys, engineers, and business development teams have worked tirelessly to help us reach this milestone. I am honored to grow with a Company like Paradigm Partners that prides itself on maximizing client satisfaction and conducting business with the utmost professionalism and integrity."

Paradigm Partners is a professional tax services firm that provides R&D Tax Credit, Hiring and Location Incentives (WOTC, HUD Zone, etc.), Cost Segregation, and IC-DISC services to manufacturing and retail clients in the U.S. and Canada. Paradigm Partners' staff includes some of the industry's most experienced attorneys, engineers, software developers, and audit experts. "This is an honor we share with our customers, CPA Partners, and industry alliances that use Paradigm Partners to maximize their relationships by bringing our expertise to their client base," said Executive Vice President of Business Development, Brian Cameron.

"Our goal is to continue to grow our business and deliver unparalleled service to our national and international client base. We strive to accomplish this goal by providing exceptional customer service that has resulted in remarkable client retention," said Zee Makhani, co-founder.

"We are thrilled to receive the prestigious Inc. 500 award. This achievement is the result of our employees' hard work, dedication, and commitment to go above and beyond for our clients," added Karim Solanji, co-founder.

Inc. Magazine's esteemed Inc. 500 represents many of the top businesses in America today. Corporations such as Microsoft, Zappos, Intuit, Jamba Juice, Zipcar, Clif Bar, Vizio, Oracle, and many other well-known names gained early exposure as members of the Inc. Magazine's touted 500 list.

Inc. Magazine's 2011 500 list, unveiled in the September issue (available on newsstands August 23 to November 15), evidence companies with a combined aggregate revenue over $10.5 billion and a median three-year growth of 1,275 percent. The businesses honored on this year's list employ more than 46,000 people and have generated over 35,000 jobs in the past three years, providing a needed thrust of stability in uncertain times.

Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.Inc.com/500.

CONTACT: Brian Cameron at 281-558-7100 or email at BCameron@ParadigmLP.com for additional information about Paradigm Partners.

More About Inc. and the Inc. 500/5000

Methodology

The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.

2010 R&D Tax Credit Study

Deadline Friday, September 9

If you have extended your 2010 tax filing, there's still time for Paradigm Partners to perform an R&D Tax Credit Study before the September 15, 2011 deadline.

Friday, September 9 is the last day to be able to include your study for the 9/15 tax filing deadline.

Our article in last month's newsletter titled "2010 Best Year Ever for an R&D Tax Credit Study" outlined the reasons why 2010 stands out as the most lucrative year ever for conducting a study.

Click here to read the article

Click here to contact Paradigm Partners to start your 2010 study

President Obama's Jobs Initiative May Include Hiring Incentives

President Obama is in the process of creating his jobs initiative. Representative Charles Rangel of New York, in a letter sent to the President's Chief of Staff, has asked the President to include WOTC (Work Opportunity Tax Credit) as part of the jobs initiative. Mr. Rangel is referring specifically to the provisions in H.R. 2082, the Work Opportunity Improvement Act of which Mr. Rangel is one of the co-sponsors.

In his letter he says:

"Given the challenges that returning veterans are facing in finding work, a tax incentive will induce employers to take a second look and in many cases hire our returning men and women whom we owe so much to for their service to the country. That is why Congressman Schock and I introduced The Work Opportunity Improvement Act, H.R. 2082 which utilizes and improves the long established Work Opportunity Tax Credit (WOTC) program to provide such a hiring incentive."

In addition, Mr. Rangel hopes that the President will broaden the scope of the jobs initiative to include incentives for all groups that face a barrier to employment.

The letter continues:

". . . There are many other Americans who face significant challenges to entering the work force because they lack basic skills and who have little if any job experience. These individuals include those receiving TANF, Food Stamps, and SSI, as well as ex-felons, vocational rehabilitation referrals, designated community residents, summer youth, long term family assistance recipients, and during 2009 and 2010 disconnected youth. In good times, these individuals find it hard to get a job and today with so many people out of work, the obstacles are even greater as they are competing with individuals who have job experience."

Paradigm believes that hiring incentives will be included as part of the jobs initiative. We are ready to assist companies wanting to take advantage of any hiring incentives made available to the fullest while helping the unemployed get back to work and boosting the economy.

Valant & Company's

Leadership and Management

"Misunderstood Concepts"

Editor's Note: We are pleased again this year to feature valuable how-to advice and counsel from one of America's leading business performance improvement experts, Laurence B. Valant, President & CEO of Valant & Company. Here and in future newsletters, we will be providing our readers with excerpts from Larry's new book, "Lead and Manage! The Definitive Guide For Getting the Results You Want", which he co-authored with Valant & Company Partner Gayle W. Hustad. "Lead and Manage!" is available through Barnes & Noble, or can be ordered at www.valantco.com.

Leadership and Management: Misunderstood Concepts

One would think that Fortune 500 companies would be comprised of individuals who exemplify superior leadership and management. The presumption? The ability to pay large salaries should assure the best leadership and management. Yet a 2007 Booz Allen survey of CEO turnover at the world's 2,500 largest publicly traded corporations found that performance-related turnover within these large companies had increased during an 11-year period by an astounding 318%. Their survey indicated that in 2006 among Fortune 500 companies, nearly one in three CEOs left involuntarily.

Superior leadership and management are not a function of the size of the company. Huge salaries do not correlate to leadership or management success. Leadership and management are misunderstood at virtually all levels - within and including graduate schools and Fortune 500 companies. Paradoxically, some companies are extremely well led and managed by people with limited formal educations, but who are gifted to lead and manage and therefore achieve substantial and in some cases astounding performance results in the value growth of their companies.

Whether through formal education or through natural gifts, those leaders and managers who produce extraordinary results have companies that are characterized by:

A clearly stated direction or vision
Employees who clearly understand their roles and responsibilities
Leaders and managers who regularly clarify expectations
A commitment on the part of virtually all to meet those expectations
A fair and consistent reward system
A work environment that is safe, rewarding and enjoyable
Consistency in making their planned numbers every quarter and year.
Increased value growth every year regardless of the economic environment

While rare, such companies exist and are models of what is possible with superior leadership and management.

Leadership and management are on the whole misunderstood. Most writings on the subject are primarily motivational in nature. As subject matter, leadership and management provide interesting areas of discussion for teachers and students of organization behavior. However, a correct understanding of leadership and management is of paramount importance and must be a crucial focus for CEOs whose corporate survival literally depends on doing so. Chief executive officers are expected to grow the value of the enterprises for which they are responsible. Their failures in this regard are regularly documented. Failures, we believe, that are driven by their inability to provide superior leadership and management, quite different concepts, resulting in their inability to execute their plans on time and on budget.

Most companies simply don't make plan on a consistent basis, if at all. Companies that consistently make plan quarter after quarter, year after year are those that are well led and managed. Correctly understanding both leadership and management and properly applying the fundamentals outlined in this book will provide the basis for executing effectively, consistently and reliably growing your company's value year after year.

Next month's installment is titled "Leaders set the overall strategy, and from that comes the plan."

About Paradigm Partners

One of our missions as a company is to educate companies and CPA firms about the benefits of great tax incentives such as the R&D Tax Credit, Hiring and Location Tax Incentives (WOTC/HUD Zone/Ticket to Work), Grant and Other Non-dilutive Funding Generation, the IC-DISC (US Exporters' Tax Incentive), Cost Segregation Studies, and other niche tax incentives.

In addition to these services, Paradigm's Intellectual Property Attorneys provide patent services, tax controversy legal services, as well as audit defense services.

This newsletter is one medium we use; we also conduct CPE Webinars and make presentations to CPA associations and manufacturing associations.

Sincerely,

Brian Cameron

Executive VP Business Development

Paradigm Partners

281-558-7100

BCameron@ParadigmLP.com