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EBITDA is an acronym for a method of measuring business growth. Used properly, it will give you a better understanding of how well your company is doing. Read on to find out more.
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Smart business owners know to measure their company’s growth. Gone are the days when you could simply calculate your margins and profits at the end of the day and be content about it. Now, it’s all about measuring the right indicators, taking the proper aspects into consideration, and estimating your progress.
EBITDA is measuring tool that can help you understand your company’s growth. The term is an acronym whose letters stand for “Earnings Before Interest, Taxes, Depreciation, and Amortization.”
EBITDA illustrates how a company grows over time. It also gives business owners a look at their co… Read More