What is EBITDA and Why Should You Care?

What is EBITDA?  If you’re an entrepreneur or business owner, you may have heard the term ‘EBITDA’ before, but do you know the meaning of EBITDA? Either pronounced ‘eh-bit-dah’ or ‘ee-bit-dah’, the word is an acronym for the phrase, ‘Earnings Before Interest, Taxes, Depreciation and Amortization’. EBITDA is a financial metric that shows a company’s …