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.
There are many reasons for the failure of the Schlieffen plan. One being that Belgium resistance was very strong. Even though Belgium was finally defeated, it took Germany almost a month to do so.This was far too long in contrast to what was expected in the schlieffen plan.) Explain how the Schlieffen plan was meant to work. The Schlieffen plan was originally designed by Alfred Von Schlieffen (hence the name of the plan) in December 1905, who was German army chief of staff at the time.