tag:blogger.com,1999:blog-8629758183547510158.post8334902213976013532..comments2024-03-29T07:17:26.082+00:00Comments on Tandleman's Beer Blog: The Garden is Rosy. Or is it?Unknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8629758183547510158.post-50284421385523385422008-11-24T20:43:00.000+00:002008-11-24T20:43:00.000+00:00As I have linked to this, and not seen in fact tha...As I have linked to this, and not seen in fact that Jeff had commented, perhaps I can say some more:<BR/><BR/><A HREF="http://www.investorwords.com/5539/EBITDAR.html" REL="nofollow">EBITDAR</A> is a definition on the same site Tandleman links to.<BR/><BR/>However, I like <A HREF="http://en.wikipedia.org/wiki/EBITDA" REL="nofollow">EBITDA</A> on wikipedia. Note that is basically says that a company can define it precisly how it likers because there is no official definisions.<BR/><BR/>I agree with Jeff. £64k is not a lot for running a pub - and many get nowhere near that.The Woolpack Innhttps://www.blogger.com/profile/07227895265449842044noreply@blogger.comtag:blogger.com,1999:blog-8629758183547510158.post-53258505317652669022008-11-05T07:56:00.000+00:002008-11-05T07:56:00.000+00:00I agree with you in your first para. Your second p...I agree with you in your first para. Your second point would change the figure significantly. That would probably shock everyone.Tandlemanhttps://www.blogger.com/profile/06804499573827044693noreply@blogger.comtag:blogger.com,1999:blog-8629758183547510158.post-84307433536682711282008-11-05T03:27:00.000+00:002008-11-05T03:27:00.000+00:00[Hello President Obama.]Even if the figure was ent...[Hello President Obama.]<BR/><BR/>Even if the figure was entirely accurate - and lessees were taking away about £64k a year - is that really a lot for someone who has invested capital in and runs their own business? I think not. If all you can hope to make as profit is something comparable to the average national wage, that's not good enough in my book.<BR/><BR/>EBITDA is a fair enough measure for Punch to cite in this context - you'd be worried if they'd gone for EBITDAR!Stonchhttps://www.blogger.com/profile/07001578598975666535noreply@blogger.comtag:blogger.com,1999:blog-8629758183547510158.post-47262204882864734202008-11-04T18:36:00.000+00:002008-11-04T18:36:00.000+00:00I think your guess may be somewhere near the truth...I think your guess may be somewhere near the truth. A classic case of using a measure to give a false picture. It's the bottom line of the business that is really important and EBITA is not it - but you'll never get told that.The Woolpack Innhttps://www.blogger.com/profile/07227895265449842044noreply@blogger.com