How and Why to Set Up a Power of Attorney.

What is a Power of Attorney (POA)? A Power of Attorney (POA) is a legal document that gives someone else the authority to act on your behalf in financial or legal matters. There are different types of POAs, and you can set one up for a specific purpose or for general use. POAs can be … Read more

Capital Cost Allowance (CCA) Definition.

CCA is the amount of money that a business can claim as a deduction against its income for the purpose of depreciation or wear and tear of its capital assets. The CCA rate is the percentage of the cost of the asset that can be claimed as a deduction each year. What is CCA in … Read more

What is brainstorming?

The brainstorming concept, also known as brainstorming, is a group work tool that encourages the emergence of new ideas about a specific problem or topic. What is intended with this technique is to generate new original ideas in a relaxed environment. Brainstorming was a proposal created by Alex Osborne in 1941 when his search for … Read more