Book Description
Rave Reviews for the First Edition. "Total Business Budgeting is aptly titled. Everyone concerned about budgeting and how to implement or improve the process should have this volume on hand. Rachlin's liberal use of helpful forms is particularly clever." -Michael W. Curran President and CEO Decision Sciences Corporation, St. Louis, Missouri "Total Business Budgeting is well thought out and comprehensive. It simplifies the budgeting process by providing the content in an easy-to-read format. This is the only budgeting book I will ever need." -Thomas Farrell Director of Business Development, Ernst & Young LLP "Total Business Budgeting goes beyond presenting a set of basic budgeting guidelines and applications-along with helpful exhibits and forms-for all segments of business operations. A valuable compendium of underlying techniques associated with each business segment is also included in brief, easy-to-read format. Rachlin's book provides a guide for budgeting and a take-off point for more specialization and more complex situations." -Serge L. Wind Portfolio Analysis and Special Projects Finance Director Lucent Technologies, Inc.


From the Inside Flap
Ask any financial analyst and they’ll tell you the same thing: successful budgeting of a company is crucial in today’s volatile business markets. The right development and evaluation of every aspect involved in the budgeting process can mean higher profits, company stability, and, ultimately, a well-managed, efficient, and extremely successful corporation. Total Business Budgeting: A Step-by-Step Guide with Forms, Second Edition can start your company on this path. This updated edition gives you the vital budgeting techniques and applications your company needs—from planning and control to implementation. You’ll learn how to analyze outside influences, develop performance targets and budgeting segments, and organize and administer the right budgeting process that can often make the difference between corporate success and failure. Guiding you step by step and using clear, nontechnical language, author Robert Rachlin provides detailed instructions, as well as forms, exhibits, schedules, and formats to help you navigate through the complex details involved when preparing a successful budget. This essential reference can help nearly every business to readily identify opportunities, define problems, and allocate resources—saving you time and, most importantly, money. In addition to establishing guidelines, assessing economic input, and understanding capital investments, this informative manual shows you how to:Select a budgeting system that suits your corporation’s specific needsConstruct a budget to reflect your long-term objectives and performance targetsUtilize pricing and leasing in budget decisions and pinpoint budget variancesAdd credibility to your budget proposalDevelop budgets for all activities of your companyReflect your personal input through appropriate performance reportsComprehensive and instructive, Total Business Budgeting: A Step-by-Step Guide with Forms, Second Edition is a must-have guide for any CEO, senior member of management, controller, or financial director who wants to fully understand and prepare a highly successful budget.


Back Cover Copy
Rave Reviews for the First Edition..."Total Business Budgeting is aptly titled. Everyone concerned about budgeting and how to implement or improve the process should have this volume on hand. Rachlins liberal use of helpful forms is particularly clever." —Michael W. Curran President and CEO Decision Sciences Corporation, St. Louis, Missouri

"Total Business Budgeting is well thought out and comprehensive. It simplifies the budgeting process by providing the content in an easy-to-read format. This is the only budgeting book I will ever need." —Thomas Farrell Director of Business Development, Ernst & Young LLP

"Total Business Budgeting goes beyond presenting a set of basic budgeting guidelines and applications—along with helpful exhibits and forms—for all segments of business operations. A valuable compendium of underlying techniques associated with each business segment is also included in brief, easy-to-read format. Rachlins book provides a guide for budgeting and a take-off point for more specialization and more complex situations." —Serge L. Wind Portfolio Analysis and Special Projects Finance Director Lucent Technologies, Inc.


About the Author
ROBERT RACHLIN, BBA, MBA, is President of Robert Rachlin Associates and is an internationally known author, lecturer, and consultant in the area of financial management. He has spent over 40 years in planning and budgeting positions with such companies as Texaco, Gulf + Western, General Foods, SCM, and other well-known organizations. During those years Mr. Rachlin developed policies and procedures, financial reviews, board of directors reports, pricing strategies, mergers and acquisitions, budgeting, planning, and overall financial assignments. Such financial topics presented to executives around the world include strategic budgeting, return on investment, capital-expenditure evaluation, inventory-control techniques, sales evaluation, basic financial management, and strategic management and have earned Mr. Rachlin a worldwide reputation. He has also served as Adjunct Associate Professor of Management at New York University, New York Institute of Technology and, currently, at Hofstra University. Mr. Rachlin is the author and/or coauthor of Handbook of Budgeting, Fourth Edition; Successful Techniques for Higher Profits; Return on Investment: Strategies for Profit; Handbook of Strategic Planning; Managing Cash Flow and Capital During Inflation; and Return on Investment Manual: Tools and Applications for Managing Results.

FROM THE PUBLISHER