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.
âAnd our job is to work with them and help them come up with a plan A, a plan B, to define goals and to attain those goals.â âI hope she has a plan B if vet school doesn't take her!â ââIt is not surprising there was no plan B,â he said, âbecause it is very difficult to work out what it would be.ââ âIf not, they will revert to plan B which is using the same system as last year.â âEveryone realises that there is no plan B in the event of failure.â âBut really, if ...