Net Earnings vs. EBITDA. The net earnings of a company will be the sales or revenue minus all expenses incurred during the period. Accounting periods can be annual or quarterly. EBITDA adds back to the earnings expense items that are not directly related to the function of the company. The I, T, D and A expense items can be managed to a smaller or greater extent by management, depending on the nature of a company's business.
So that Benjamin Franklin quote from the beginning of this post should be re-written to say: âIf you fail to plan for success, you are planning to fail.â This is the new mind-set that needs to be cemented into todayâs business mind-set.
Rating Newest Oldest. Best Answer: The saying has been attributed most often to Ben Franklin, who is also credited with having said, By failing to prepare, you are preparing to fail.â. More recent variations, along with their attributions, include: âFail to plan, plan to fail.â Carl W. Buechner. âFailures don't plan to fail; they fail to plan.â Harvey MacKay.