breakaway business plan book

The 10 Best Books for Writing a Business Plan

• Ivaylo Durmonski
• Reading Lists

There are a lot of insightful thoughts around the concept of planning. In a sense, planning helps you forecast the “weather” of your business. Prepares you for what might happen. And distance you, hopefully, further away from your business going to dust. Most importantly, it allows you to think about the type of tasks you should focus on doing today. Do we know how to plan our business if we’re not business owners , though?

There is nothing wrong with having a regular job.

A lot of people are doing it.

Theoretically, since we’re born. We enter a sophisticated system of government-operated institutions that aim to spit us out after approximately 20 years, ready to help someone else grow his dream business.

You’re thought -sort of – how to plan your career. But you’re never thought how to plan your business.

Regardless of your current situation. The idea of starting a business or learning basic business skills will surely reach your mind at some point.

If you’re still not sure whether or not this is something you can achieve on your own. The business books mentioned below are specifically selected to boost your planning skills.

These books, of course, primarily serve business owners or people that are dreaming of becoming such.

Yet, these reads will definitely expand your horizon even if you don’t plan on starting your own thing right now. They will give you a perspective that will force you to think long term – the best way of thinking.

The 10 Best Books for Writing a Business Plan:

1. the goal by eliyahu goldratt, 2. the one page business plan for the creative entrepreneur by jim horan, 3. mind your business by ilana griffo, 4. business plan template and example by alex genadinik, 5. the best-laid business plans by paul barrow, 6. smart business by ming zeng, 7. measure what matters by john e. doerr, 8. your next five moves by patrick bet-david, 9. business model generation by alexander osterwalder, 10. playing to win by a.g. lafley.

What’s the book about?

The Goal by Eliyahu M. Goldratt is a novel. A fascinating story that describes the life of a business owner who is facing a series of obstacles that, if not handled well, will lead to a catastrophic ending of the company he is running. Mr. Goldratt presents this fictional business environment to teach us an important lesson: That the speed of a convoy is determined by the slowest ship.

Who is it for?

Especially interesting for people who already own businesses but are struggling to grow. For people who can’t adequately articulate what is wrong with what they are doing. Eliyahu Goldratt teaches us that we should observe a business as a series of systems . The faster the systems operate. The faster you’ll grow. To speed up this process, first, you need to identify the weakest link and improve upon the process.

Thought-Provoking Quote:

“Since the strength of the chain is determined by the weakest link, then the first step to improve an organization must be to identify the weakest link.” Eliyahu M. Goldratt

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In this book, Jim Horan compiles his years of experience as a Fortune 500 executive and business consultant. The pages will help you quickly form a simple business plan based on the most successful companies in the world. The book goes through the 5 stages every organization hoping to make a profit from their products and/or services needs: Vision, Mission, Objectives, Strategies, Action.

This resource is great for people just starting their online or offline venture. Folks who are considering the idea of starting a business but are not quite sure what to do first. The One Page Business Plan For Creative Entrepreneur will show you the exact steps you need to begin your entrepreneurial journey.

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This long-winded title is here to show you how to start a business from scratch. Ilana Griffo, the author, shares her journey on how she started her side hustle which eventually become a six-figure design studio. A lot of readers describe this title as everything you need to learn about being your own boss. Of course, it all starts with planning.

Great book for anyone dreaming about starting a creative project both online and/or offline. The honest tips and the real-world insights will show you exactly what you need to do. How to start and how to plan your day. The book is the perfect companion that will be your guide in your money-making journey.

Simply put, this title will help you create a professional business plan. The author even boasts that you will do the planning in minutes. Not that you should rush. But the included exercises and the questions Alex Genadinik is asking in the book will help you think critically about your overall structure and the products you will be creating – or refining if you already have existing goods.

The program presented in this title is used by a number of universities to teach students how to plan better. As stated in the description, the book… “will help you identify the most effective business strategies for your situation.” You will start by writing a short 3-sentence business plan which will focus you on what’s truly important.

“Product: What is the product or service? What benefit does it provide and to whom? Can you make it inexpensively and of high quality? What form will it take? Website? App? Brick and mortar business? Marketing: Identify a few of the most effective marketing strategies to promote your business Finances: What are the major sources of revenue? How will this happen profitably? When will you achieve financial sustainability? Do you need to raise money for this? How much?” Alex Genadinik

The first book I read on business planning. Foreword by Richard Branson. This title is dated, but still adequate even though everything is happening online these days. The text will teach you the most important ideas around planning a business. It’s full of case studies about different projects and ideas. The author carefully explains how to present your business plan to others in a way that everyone will get.

This book will explain in a simple way why it’s essential and how you should approach the subject of planning in general. The ideas inside are great for people who are looking to raise money or get approval from seniors for their proposed course of action. Also, if you’re still not convinced that you need planning, this book will surely change your perspective.

Written by Ming Zeng, the former Chief of Staff and strategy adviser to Alibaba Group’s founder Jack Ma. This book presents a framework that will help business owners create a winning future strategy for their companies. The titles reveal some of the revolutionary practices Alibaba developed to rapidly increase efficiency.

We commonly read about what Google is doing or about what other Silicon Valley unicorns are working on. It’s a good idea to take a fresh eastern perspective on how to operate your business. Smart Business will show you how to use cutting-edge technologies to plan and scale your business.

Measure What Matter will teach you how to use Objectives and Key Results (OKRs) as an approach to make decisions in business. The legendary John Doerr has helped some of the best companies in the world to scale and exceed their yearly goals by using this simple method.

With time, every owner begins to collect all kinds of data to measure whether or not his project is succeeding. Sadly, many entrepreneurs end up being fixated on the wrong things. This book will explain what you need to measure and why. Helping you focus on the right things so you can reach explosive growth.

“We must realize—and act on the realization—that if we try to focus on everything, we focus on nothing.” John Doerr

In short, this book is about figuring out what you should do next. Taking a holistic view of your business is always a good way to think about where you plan to go. Occasionally, though, you also need to think and plan about what you should do right now – planning your next few moves. The steps inside this title will help you gain clarity on what you really want, who you want to be, and what to do to get these things.

For those who are not only working on businesses, but in business as well. Patrick Bet-David explains how to not let emotions cloud your judgment. How to switch from a broad view of your business to a narrower view. Essentially, the lessons inside will help you identify your true self. Understand who you want to be and where you want to go, both in your life and in your business.

“Your vision must align with who you want to be. Your choices must align with your vision. Your effort must align with the size of your vision. Your behavior must align with your values and principles.” Patrick Bet-David

Full of visual elements, Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers will help you soak up the knowledge and figure out your own business model. This is not your regular book where you’ll be presented with a wall of text. The title is full of infographics and design elements that will prompt you to actively work on defining your business plan and your strategy.

I’d say that this book is for people who are kind of tired of the traditional corporate-heavy jargon that is usually part of business literature. This title combines useful information and presents it in an easily digestible matter that will surely increase your comprehension and your participation when using the material.

“People are moved more by stories than by logic. Ease listeners into the new or unknown by building the logic of your model into a compelling narrative.” Alexander Osterwalder

Written by a long-standing Procter & Gamble Chairman and CEO, this book might seem a bit dry for your taste. Well, it surely is. Rarely anyone below CEO will relate to the mentioned examples. Yet, this read will change the way you think about your business. You’ll become more strategic with your daily decisions. You will become better at identifying what to do and what not to do.

Great companies do not become great by accident. They become great thanks to the strategic choices they make. Even if you don’t end up getting the book, simply consider the title for a moment: “Playing to Win: How Strategy Really Works”. Now, ask yourself, are you playing to win, or are you simply playing? This question alone will disturb your current processes and assist you in finding the best course of action for your business.

“The heart of strategy is the answer to two fundamental questions: where will you play, and how will you win there?” A.G. Lafley

Some Closing Thoughts

Business planning is important for various reasons.

Not only you’ll get clarity on where you’ll want to go. But you will also set a to-do list that will portray how to get to where you want.

More specifically, conducting a business plan will force you to think about what type of business you want to create. Understand your core motivators. Help you find your unique proposition and how you are different from the rest of the businesses out there.

I’ve hand-picked the selection of business books above so you can plan better. Of course, you don’t need to read all of the titles. Usually one or two from the list is enough to get you moving in the right direction.

If you’re looking for more reads on the topic. Make sure to check my must-read business books list. Or, the selection of books on how to start a business (plus my business book summaries ).

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How to Write a Business Plan Thirteenth Edition

• figure out if your business idea will make money
• determine and forecast cash flow
• create profit and loss forecasts
• prepare marketing and personnel plans
• find potential sources of financing, and
• present your well-organized plan to lenders and other backers. The 13th edition is updated to reflect best practices for raising money (from SBA loans to equity crowdfunding).
• ISBN-10 1413323197
• ISBN-13 978-1413323191
• Edition Thirteenth
• Publisher NOLO
• Publication date November 30, 2016
• Language English
• Dimensions 7 x 0.75 x 9 inches
• Print length 344 pages
• See all details

Editorial Reviews

About the author, product details.

• Publisher ‏ : ‎ NOLO; Thirteenth edition (November 30, 2016)
• Language ‏ : ‎ English
• Paperback ‏ : ‎ 344 pages
• ISBN-10 ‏ : ‎ 1413323197
• ISBN-13 ‏ : ‎ 978-1413323191
• Item Weight ‏ : ‎ 1 pounds
• Dimensions ‏ : ‎ 7 x 0.75 x 9 inches
• #875 in Franchising Law (Books)
• #1,671 in Business Writing Skills (Books)
• #3,714 in Trade

About the author

Mike p. mckeever.

Mike P. McKeever has a B.A. in Economics from Whittier College, a Master of Science in Economics from the London (England) School of Economics and has done post-graduate work in financial analysis at the USC Business School. Currently, Mike is an Economics Professor at City College of San Francisco. Previously, he had taught classes at numerous community colleges in entrepreneurship and small business management. Author of How to Write a Business Plan, he has published articles on entrepreneurship for Dow Jones publications, the Sloan Publications Business Journal and numerous newspapers and periodicals.

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Why Some Donors Are Holding Back on Endorsing Harris (for Now)

Fear of being seen as circumventing an open nomination process is one reason that some backers have not yet publicly endorsed the vice president.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler Michael J. de la Merced Lauren Hirsch and Ephrat Livni

Why some big money is holding out for now

After just one full day of campaigning, Vice President Kamala Harris has a glide path to the Democratic presidential nomination. She has won endorsements from potential rivals and from powerful party figures like Representative Nancy Pelosi , the former speaker.

The Harris campaign also said it had raised more than $100 million between Sunday afternoon and Monday evening. But some major Democratic donors, including Mike Bloomberg and the venture capitalist Vinod Khosla, have yet to endorse her. DealBook hit the phones to find out why.

Big-ticket backers don’t want it to look like a coronation. The concern is that if they support Harris too soon, they would appear to be anointing their party’s presidential candidate, rather than her earning it through a full democratic process. That would be reminiscent of the old days of smoke-filled rooms — and, in their minds, risked backfiring politically.

In a post on X on Monday, Bloomberg stressed that the nominating process should play out:

While some elected leaders and party officials make their endorsements, there are still four weeks before the party’s more than 4,000 delegates convene in Chicago. That is more than enough time for the party to take the pulse of voters, especially in battleground states, to determine who is best positioned to win in November and lead the country over the next four years.

And Khosla posted on X , “An open process will allow everyone a chance to make their case and express their views. Coronations are bad for democracy.”

It isn’t just donors holding back their endorsement: Senator Chuck Schumer, the majority leader, and Representative Hakeem Jeffries, the minority leader, have also stayed neutral in public.

But everyone could fall in line soon. Harris has already secured pledges from more than enough delegates to win the nomination. (Though these pledges are not binding, it’s unclear there is any other option .)

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JONESBORO -- Despite spending more than $1 million on litigation, a group of former United Methodists in Jonesboro has failed to reclaim the massive downtown property they once controlled.

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19 Best Business Plan Books of All Time

Our goal : Find the best Business Plan books according to the internet (not just one random person's opinion).

• Type "best business plan books" into our search engine and study the top 5+ pages.
• Add only the books mentioned 2+ times.
• Rank the results neatly for you here! 😊 (It was a lot of work. But hey! That's why we're here, right?)

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Last Updated: Monday 1 Jan, 2024

• Best Business Plan Books

The One Page Business Plan for the Creative Entrepreneur

The fastest, easiest way to write a business plan.

The Art of the Start 2.0

The time-tested, battle-hardened guide for anyone starting anything.

Guy Kawasaki

Successful Business Plan

Secrets & strategies.

Rhonda Abrams

The Secrets to Writing a Successful Business Plan

A pro shares a step-by-step guide to creating a plan that gets results.

Hal Shelton

The Lean Startup

How today's entrepreneurs use continuous innovation to create radically successful businesses.

The Founder's Dilemmas

Anticipating and avoiding the pitfalls that can sink a startup.

Noam Wasserman

How to Write a Business Plan

Mike P. McKeever

The Complete Book of Business Plans

Simple steps to writing powerful business plans.

Joseph A Covello

The 1-Page Marketing Plan

Get new customers, make more money, and stand out from the crowd.

Business Model Generation

A handbook for visionaries, game changers, and challengers.

Alexander Osterwalder

Starting a Business QuickStart Guide

The simplified beginner’s guide to launching a successful small business, turning your vision into reality, and achieving your entrepreneurial dream.

Ken Colwell

Mind Your Business

A workbook to grow your creative passion into a full-time gig.

Ilana Griffo

Writing Winning Business Plans

How to prepare a business plan that investors will want to read and invest in.

Garrett Sutton

Burn the Business Plan

What great entrepreneurs really do.

Carl J. Schramm

Anatomy of a Business Plan

The step-by-step guide to building a business and securing your company's future.

Linda Pinson

The Book on Business Planning

Writing a Convincing Business Plan

Arthur R. DeThomas Ph.D.

Hit the Deck

Create a business plan in half the time, with twice the impact.

David Ronick

Creating a Business Plan For Dummies

Veechi Curtis

• 12 Books You Should Read Before Starting a Business www.businessinsider.com
• Business Plan Books www.mymoneybooks.com
• The 9 Best Business Plan Books www.thebalancesmb.com
• 20 Best Books on The Business Plan - Bigger Investing www.biggerinvesting.com
• 20 Best Books on How to Write a Business Plan in 2023 www.profitableventure.com

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What’s a Breakaway Plan? [MLM Breakaway Comp Plan Basics + Pros and Cons]

A breakaway compensation plan is one of the  three foundational MLM commission structures  in the direct selling industry. And, until the ‘90s (when  binary  and  unilevel  plans became popular), it was the only type of strategy that proved it could sustainably pay distributors  and  fuel its company with a steady stream of revenue. Read on for a rundown of how they really work and some of the pros and cons of this classic MLM plan type. 

Breakaway Basics   The first thing you should know about breakaways is that all of the commissions depend on group volume and the breakaway rank. All distributors, no matter where they are in the comp plan, earn commissions based on group volume. But, when a leader “breaks away,” they become eligible for additional commissions, including commissions from downline breakaway groups. Don’t worry if it sounds a little complicated at this point—we’ll break it down for you step by step below.  

But, first, let’s walk through a basic definition of a breakaway group to help you keep track of the differences. 

What’s a breakaway group? 

A breakaway group is made up of a leader who’s reached the breakaway rank and anyone below her down to the next person who’s broken away. In the example below, each group is shown in the same color. The leader at the top has a downline of 29 people, but only nine—the group marked in red—are part of  her  breakaway group. 

Before Breaking Away   First, we’ll look at the plan as it plays out for new recruits. Most distributors will start inside a breakaway group and continue to stay there as long as they’re with your company. But, for those who want to become high-earning leaders, this in an essential phase to help them get to the breakaway rank and beyond. 

Salesforce   When someone starts building a business in a breakaway plan, most of their earnings come from making sales to customers. Usually, the people who thrive in this first commission phase are the  sales people  distributors in your company. Their main focus is on building sales volume, recruiting, and, if they’re a budding sales leader, progressing to higher ranks. 

Commissions  Beginning distributors get their income based on their personal group sales volume—a percentage of whatever’s sold during the commission period. And, in most plans, group volume is paid through a differential commission. 

Differential commission A Differential commission can seem pretty   complex at first, but, once you’re familiar with how they work, they can become pretty intuitive. This compensation type has a set commission percentage for distributors to earn on their group’s downline sales based on rank—each rank has a different amount. The higher the rank, the higher the percentage. And the higher the percentage, the closer the distributor gets to the “top” of the differential—the maximum amount they can earn. So far, it sounds similar to a  level bonus . But here’s the tricky part: higher-ranking distributors earn the  difference  of lower-ranked distributor earnings in their downline.      

The “Stairstep Breakaway”   Another common way to explain differential commissions is by using the graph below. Because it’s shaped like a staircase, breakaways are also called “Stairstep Breakaways.” 

The example below shows a distributor’s commission breakdown at each rank leading up to “4-Star,” the breakaway rank. At the 4-Star point in the compensation plan, Distributor B is making a  personal  commission of 15%. The commission comes from both her personal volume and her own customers’ volume. 

At the bottom of table, you can see that Distributor B, as a 4-Star, makes a 15% commission on her 1-Star distributors’ personal and customer volume. As her distributors reach higher ranks, her earnings percentage decreases—she earns 10% for 2-Stars and 5% for 3-Stars. 

Still not totally clear? Here’s a table to show you how it works as a distributor advances through the compensation plan. As a new distributor, A starts out in the 1-Star rank, where she isn’t qualified to make a commission. Her upline leader, Distributor B, makes a 15% commission on A’s personal and customer volume.  

As A moves up in rank, she starts to earn part of the differential commission, leaving less to transfer to Distributor B. As A’s earnings percentage  increases,  B’s earnings percentage  decreases . 

Now that we’ve got the beginning of the plan covered, let’s move on to talk about what happens  after  a distributor advances through this stage of the commission plan. 

After Breaking Away   The breakaway rank is really the place where the commissions start to heat up. We’ll show you how, at this stage in the compensation plan, distributors’ earnings and responsibilities completely change. 

Salesforce  We hinted earlier that ambitious distributors who start out with the group volume bonus might be interested in growing into  sales leaders  someday. Essentially, that means these distributors incorporate more training and recruitment into their business efforts. Like sales people, they’re focused on getting product to customers and building volume. But, they also work hard to recruit new distributors into their downline, show them the ropes, and help them reach their potential. 

Commissions  After a distributor breaks away and shows that they’re ready to be a sales leader, their commissions change to reflect the shift they’ve made. Now, in addition to the group volume that they get from their own group, they’re eligible for a generation bonus from other breakaway groups beneath them.  

Generation commissions   Generation commissions work in tandem with the group volume bonus. Remember how we talked about how to define breakaway groups earlier? Here’s where that becomes important: once a distributor reaches the breakaway rank, she continues to earn group volume commissions from the sales within her own group—so, from anyone that  hasn’t  already reached the breakaway rank.   For breakaway groups beneath her, though, she starts to earn a small percentage of  their  group volume, too. Before, none of that volume counted toward her paycheck. But now, she can reap the financial benefits of training and building up distributors beneath her to build a strong organization of their own.   

Breakaway Pros   Great at rewarding customer sales  Breakaways are very sales-centric, as all great commission plans need to be. Both the group volume and generation bonuses are very successful at encouraging distributors to make sales to customers, since both commission types rely heavily on sales volume. 

They work beautifully for partyplans   Because parties are a great way to connect with customers and build sales volume, partyplans pair very naturally with breakaways’ qualifying rules and structure. 

They’ve proven their worth  As the MLM industry has watched the rise and fall of so many “big ideas” for compensation plans, breakaways continue to be successful. They’ve been the plan of choice for the biggest companies in the industry today (ones with billion-dollar earnings or more). That’s nothing to sneeze at! 

Breakaway Cons   The breakaway takeaway  The most common downside of this type of compensation plan is that, if you’re not careful, distributors can feel like they get penalized for training and helping others to do well and move up in ranks. A leader who trains a promising downline distributor to break away from her group can suffer a serious earnings drop when she loses all of the commissions from that new group’s volume. 

Inconsistent paychecks 

Some distributors have found it hard to earn a steady income in a breakaway plan—as distributors constantly switch between group and generation bonuses, the difference in their earnings make it hard to count on commissions earnings. This isn’t typical for all breakaways, but it’s something to watch for in your plan. 

The Takeaways   Breakaway plans play a huge role in the direct selling world. They’ve been so pervasive that when most people think of MLM compensation plans, they think of breakaways. Over and over again, they’ve proven that they really work as a motivational revenue base for all kinds of companies. As long their   weak spots   are compensated for and people build on their foundational strengths, breakaways will continue to be a powerhouse compensation strategy for the industry. 

Want to learn more about direct selling commission plans?  Check out  our blog about  the three main comp plan types . If you’re looking for more tips for maximizing your compensation strategy,  you can find  our commission software  here .  

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How to Use Breakaway Business Plan Book to Create a Winning Business Plan

Introduction.

Breakaway Business Plan Book is a comprehensive guide to creating a successful business plan. It provides step-by-step instructions on how to develop a business plan that will help you achieve your goals. The book covers topics such as market research, financial planning, marketing strategies, and more. It also includes helpful tips and advice from experienced entrepreneurs. Whether you are starting a new business or looking to expand an existing one, Breakaway Business Plan Book can help you create a plan that will help you reach your goals.

Creating a winning business plan is essential for any business to succeed. The Breakaway Business Plan Book is an invaluable resource for entrepreneurs looking to create a comprehensive and effective business plan. This guide provides step-by-step instructions on how to create a winning business plan.

Step 1 : Research Your Market

Before you begin writing your business plan, it is important to research your target market. This includes understanding the size of the market, the competition, and the potential customers. This research will help you create a plan that is tailored to the needs of your target market.

Step 2 : Outline Your Plan

Once you have completed your market research, it is time to outline your business plan. The Breakaway Business Plan Book provides a comprehensive outline that covers all the essential elements of a business plan. This includes sections on the company overview, market analysis, financial projections, and marketing strategy.

Step 3 : Write Your Plan

Once you have outlined your plan, it is time to start writing. The Breakaway Business Plan Book provides detailed instructions on how to write each section of your plan. This includes tips on how to write a compelling executive summary, how to create a financial model, and how to craft a marketing strategy.

Step 4 : Review and Revise

Once you have written your business plan, it is important to review and revise it. The Breakaway Business Plan Book provides guidance on how to review and revise your plan. This includes tips on how to identify potential weaknesses and how to make sure your plan is clear and concise.

Step 5 : Present Your Plan

Once you have reviewed and revised your plan, it is time to present it. The Breakaway Business Plan Book provides guidance on how to present your plan to potential investors. This includes tips on how to create a compelling presentation and how to answer questions from potential investors.

By following the steps outlined in the Breakaway Business Plan Book, you can create a comprehensive and effective business plan that will help you achieve your business goals. With the right plan in place, you can be confident that your business will be successful.

The Benefits of Using Breakaway Business Plan Book to Develop Your Business Plan

Creating a business plan is an essential step in the process of launching a successful business. A well-crafted business plan can help entrepreneurs to identify their goals, develop strategies for achieving them, and secure the necessary funding to get their business off the ground. The Breakaway Business Plan Book is an invaluable resource for entrepreneurs looking to create a comprehensive business plan.

The Breakaway Business Plan Book provides a step-by-step guide to developing a business plan. It covers all the essential elements of a business plan, including market analysis, financial projections, and marketing strategies. The book also includes helpful worksheets and templates to help entrepreneurs organize their ideas and create a comprehensive plan.

The Breakaway Business Plan Book also offers valuable advice on how to present a business plan to potential investors. It provides guidance on how to create an effective executive summary, how to structure the plan, and how to make the most of the presentation. This advice can help entrepreneurs to make a strong impression on potential investors and secure the necessary funding to launch their business.

The Breakaway Business Plan Book also offers helpful tips on how to manage the business once it is up and running. It provides advice on how to manage cash flow, how to develop a budget, and how to create a system for tracking progress. This advice can help entrepreneurs to ensure that their business is running smoothly and efficiently.

Overall , the Breakaway Business Plan Book is an invaluable resource for entrepreneurs looking to create a comprehensive business plan. It provides a step-by-step guide to developing a business plan, offers advice on how to present it to potential investors, and provides helpful tips on how to manage the business once it is up and running. By using the Breakaway Business Plan Book, entrepreneurs can create a comprehensive business plan that will help them to launch a successful business.

How to Leverage Breakaway Business Plan Book to Create a Comprehensive Business Plan

Creating a comprehensive business plan is an essential step for any business owner. A well-crafted business plan can help you secure financing, attract investors, and set the foundation for long-term success. Breakaway Business Plan Book is an invaluable resource for entrepreneurs looking to create a comprehensive business plan. This guide provides step-by-step instructions on how to develop a comprehensive business plan that will help you achieve your goals.

The Breakaway Business Plan Book is organized into five sections:

1. Introduction : This section provides an overview of the business plan and outlines the purpose of the document.

2. Business Description : This section provides an in-depth description of the business, including its history, products and services, target market, competitive advantages, and more.

3. Financial Plan : This section outlines the financial goals of the business and provides a detailed analysis of the company’s financial position.

4. Marketing Plan : This section outlines the company’s marketing strategy, including its target market, pricing strategy, promotional activities, and more.

5. Implementation Plan : This section outlines the steps necessary to implement the business plan and achieve the desired results.

The Breakaway Business Plan Book provides a comprehensive guide to creating a comprehensive business plan. It is an invaluable resource for entrepreneurs looking to create a comprehensive business plan that will help them achieve their goals. By following the step-by-step instructions provided in the book, entrepreneurs can create a comprehensive business plan that will help them secure financing, attract investors, and set the foundation for long-term success.

Tips for Writing a Winning Business Plan with Breakaway Business Plan Book

1. Start with a clear and concise executive summary. This should provide a brief overview of your business plan and should include the key points of your plan.

2. Research your industry and target market. Make sure you have a thorough understanding of the industry and the potential customers you are targeting.

3. Develop a comprehensive financial plan. This should include a detailed budget, cash flow projections, and a break-even analysis.

4. Outline your marketing strategy. This should include a detailed description of how you plan to reach your target market and promote your products or services.

5. Describe your management team. Include a brief biography of each team member and their qualifications.

6. Include a detailed risk assessment. Identify potential risks and develop strategies to mitigate them.

7. Make sure your business plan is well-organized and easy to read. Use headings, subheadings, and bullet points to make it easier to read.

8. Proofread your business plan. Make sure there are no typos or grammatical errors.

9. Have someone else review your business plan. Ask a trusted friend or colleague to review your plan and provide feedback.

10. Make sure your business plan is up-to-date. Update your plan regularly to reflect changes in the industry or your business.

How to Use Breakaway Business Plan Book to Create a Financial Plan for Your Business

Creating a financial plan for your business is an important step in ensuring its success. The Breakaway Business Plan Book is an excellent resource to help you create a comprehensive financial plan for your business. Here are the steps to follow when using the Breakaway Business Plan Book to create a financial plan for your business:

1. Gather the necessary information . Before you can create a financial plan, you need to have all the necessary information about your business. This includes your current financial statements, such as income statements, balance sheets, and cash flow statements. You should also have information about your current and projected expenses, as well as any loans or investments you have made.

2. Analyze your current financial situation . Once you have gathered all the necessary information, you can begin to analyze your current financial situation. This includes looking at your current income and expenses, as well as any loans or investments you have made. You should also consider any potential risks or opportunities that may affect your business.

3. Set financial goals . Once you have analyzed your current financial situation, you can begin to set financial goals for your business. These goals should be realistic and achievable, and should be based on your current financial situation.

4. Create a budget . Once you have set your financial goals, you can begin to create a budget. This budget should include all of your projected income and expenses, as well as any loans or investments you have made.

5. Develop a financial plan . Once you have created a budget, you can begin to develop a financial plan. This plan should include your financial goals, as well as any strategies you plan to use to achieve those goals.

By following these steps, you can use the Breakaway Business Plan Book to create a comprehensive financial plan for your business. This plan will help you to ensure the success of your business by providing you with a roadmap to follow.

The Benefits of Using Breakaway Business Plan Book to Develop Your Business Model

Breakaway Business Plan Book is an invaluable resource for entrepreneurs looking to develop their business model. This comprehensive guide provides a step-by-step approach to creating a successful business plan, from the initial concept to the final product. With its easy-to-follow instructions and helpful tips, Breakaway Business Plan Book is an ideal tool for entrepreneurs of all levels.

The first benefit of using Breakaway Business Plan Book is that it provides a comprehensive overview of the entire business planning process. This includes everything from researching the market and developing a business concept to creating a financial plan and marketing strategy. The book also provides detailed instructions on how to create a business plan that is tailored to the individual entrepreneur’s needs. This ensures that the plan is tailored to the individual’s specific goals and objectives.

Another benefit of using Breakaway Business Plan Book is that it provides a comprehensive overview of the different types of business models. This includes traditional models such as sole proprietorships, partnerships, and corporations, as well as more modern models such as limited liability companies and franchises. The book also provides detailed instructions on how to create a business model that is tailored to the individual entrepreneur’s needs. This ensures that the model is tailored to the individual’s specific goals and objectives.

Finally , Breakaway Business Plan Book provides a comprehensive overview of the different types of financing options available to entrepreneurs. This includes traditional financing options such as bank loans and venture capital, as well as more modern financing options such as crowdfunding and angel investors. The book also provides detailed instructions on how to create a financing plan that is tailored to the individual entrepreneur’s needs. This ensures that the financing plan is tailored to the individual’s specific goals and objectives.

Overall , Breakaway Business Plan Book is an invaluable resource for entrepreneurs looking to develop their business model. With its comprehensive overview of the entire business planning process, detailed instructions on how to create a business plan and model, and comprehensive overview of the different types of financing options available, Breakaway Business Plan Book is an ideal tool for entrepreneurs of all levels.

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What’s a Breakaway Compensation Plan?

Breakaway compensation plans are the oldest of the three common compensation plan types. They’ve been around since the 1970s. To this day, they’re the most popular compensation plan among party plan companies. A breakaway compensation plan uses two primary bonuses and two defined sales force classifications: salespeople and sales leaders (also known as breakaway distributors). A breakaway compensation plan pays salespeople a commission on group volume and sales leaders a generation commission.

Salesperson commission paid on group volume

Salespeople earn a commission on their group volume. This is typically either a level commission or a stairstep differential commission. A level commission pays distributors a percentage on a certain number of levels of their downline. A stairstep commission is a type of differential commission comprised of progressive steps which have specific requirements. As distributors meet the requirements to climb the steps, they earn increasing percentages on their personal and group volume.

Groups are divided by breakaway distributors. Let’s say we have a breakaway distributor named Karen in the tree. Her group contains everyone beneath her who hasn’t reached the breakaway rank. When someone beneath her reaches a breakaway rank, that person literally breaks off into their own group. All the volume generated beneath the breakaway is now in that breakaway’s group.

Let’s say Karen is a salesperson just starting out. Here’s what her group looks like right now.

Here, Karen receives a level commission payout. She gets 5% on each member of her group. She’s inside the group of the breakaway above her but everything below her up until the next breakaway is her group for payout purposes. In a level commission, she gets a certain percentage on a certain number of levels. Here she qualifies for two levels and she get 5% on all the volume she qualifies for. If everyone in this tree generates $100 of personal volume (PV), she’ll get a $20 commission.

If this commission is a differential, the organization of the people in her group will have a complicated effect on how much she earns. You can read a more detailed explanation of differentials here . In brief, a differential commission pays Karen the percentage she qualifies for minus the percentages the people beneath her have already been paid. Here’s an example differential commission:

If I’m at rank 4, and a rank 1 beneath me generates $100 of volume, but there’s a rank 2 between me and that rank 1, I get 15% minus the rank 2’s 5%. Here’s Karen again, but now she’s getting a differential commission.

As a rank 3, she qualifies for 10% on all the rank 1s beneath her. But she’s blocked from getting paid on the volume from two of them because another rank 3 has already taken that 10%. If everyone generates $100 of volume, Karen gets $10.

Now let’s look at Karen’s commission if she becomes a breakaway.

Karen is now the breakaway distributor which means she’s at the top of the differential. She earns the full percentage she qualifies for on everyone on her first level. Beyond her first level, she earns the difference between what she qualifies for and what other distributors have already taken. She has a rank 1 beneath her with a rank 2 in between. The rank 2 takes 5%, leaving 15% for Karen. She has three rank 1s beneath her with a rank 3 in between. The rank 3 takes 10%, leaving Karen 10%.

The next breakaway beneath Karen is a rank 5, like her. She isn’t qualified to earn on his volume and, because he takes the remaining differential for the distributors beneath him, she doesn’t get a differential commission on any of them either.

Sales leader generation commission

As a sales leader, or breakaway distributor, Karen earns the group volume commission and she gets a generation commission. The generation commission pays a percentage on the group volume of breakaway distributors beneath her. Many companies call this a “sales leader override.” The percentage Karen earns on the generations beneath her is less than what she earns on her own group.

We’ve used a level group volume commission in this example for the sake of ease, but remember this is only one way to pay this bonus. Again, if everyone in this tree generates $100 PV, Karen gets a $45 commission on her group (5% of $900) and a $24 commission on her first generation (2% of $1,200), and a $5 commission on her second generation (1% of $500). These percentages are just examples—each plan will have its own specific rules for how much distributors get on each generation.

A breakaway/sales leader is always going to make more money on their immediate downline than they make on the breakaways/sales leaders in their downlines. On group volume, Karen may earn as much as 15-25%, and on her breakaway volume, she may earn as little as 3-6%.

Breakaway qualifications

The way that distributors qualify for the breakaway rank varies from company to company. In the example trees above, Karen qualifies by having four personally sponsored active first-level enrollees. If one of those four reaches the breakaway rank, she must enroll another active salesperson to retain her breakaway rank. Here’s an illustration of that process:

Distributors have to keep an eye on their organizations, anticipate when downline distributors are going to break away, and prepare accordingly to stay qualified. But even if Karen stays qualified as a breakaway, she’s going to lose some commission dollars when someone beneath her breaks off. Note that in the example above, the commission she received at the beginning was greater than the commission she received at the end. Let’s look at a more detailed example.

Figure 1 Commission before downline breakaway

Figure 2 Commission after downline breakaway

Karen’s organization grew, but her pay went down. This is a downside to the breakaway. The pay can change radically from month to month. This can frustrate your distributors but it also incentivizes them to continue enrolling and building their personal group.

Strengths of breakaway compensation plans

• Having one commission type for each of the types of distributors makes it much easier to set the percentages and qualifications. In other words, you can better take care of professional distributors of both kinds with this plan.
• The plan does a great job of paying salespeople. Of all the standard compensation plans, this one has the strongest potential in this area. Reaching the breakaway rank allows Karen to make a lot more money on her customers and brand-new distributors. Consequently, she has a lot more incentive to work with the people who need her help. On the people who have advanced to breakaway/sales leader, she’s now earning a smaller percentage. However, she gets paid down numerous levels of sales leaders—successful people—so she earns the commission on a lot of group volume.
• The plan uses level commissions for paying sales leaders. That is the most successful method for paying sales management commissions.

Weaknesses of breakaway compensation plans

• This plan is sometimes viewed as a compromise plan.
• Because many people—probably 90%—don’t build their own organization, they stay in other distributors’ personal groups.
• When two people in a line have the same rank, the differential is zero.
• This plan creates a treadmill effect: Each time Karen brings someone in, she has to qualify those group volumes, and as people break away, she has to replace that lost volume.
• They can be confusing and difficult to explain.

Want help designing your startup’s breakaway compensation plan? Reach out to us at MLM Compensation Consulting . We offer data-driven compensation plan design and analysis.

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15+ Business Plan Books for Free! [PDF]

Planning in business is of vital importance for the founding of any type of company. This is why we bring you this collection of business plan books in PDF format so you can start your adventure as it should be, with foresight and order.

A business plan is a written document, of a formal nature, with a logical, coherent and progressive order that has the purpose of carrying out a set of actions indicated in it. It is a kind of guide or map that takes into account current and future opportunities and obstacles that may arise in the specific context of the business .

Therefore, we invite you to learn how to make one successfully, using as a guide our selection of more than 15 books of business plans in PDF format , to which you have immediate and free access, below.

Here we present our complete selection of Business Plan Books:

South Dublin County Enterprise Board

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Cole Ehmke,Jay Akridge

Donald J Reilly

Dongol Rina,Neupane Basudha

Rodney B Holcomb,Philip Kenkel,Linda Blan Byford

University of Cambridge

Rajdhani College

Smt Therese Francis

The Office of the Comptroller of the Currency

Dr Babafemi Oyewole

The Gauteng Enterprise Propeller

Texas A and M AgriLife

Business Plan Guidelines

Esade Library

Beef Cattle Research Council

Community Business Development Corporation

Lake Agassiz Development Group

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Breakaway Business Blueprint Workbook with Coaching

The $10k a Month Blueprint is a self-guided program that focuses on specific sales and marketing tactics to increase revenues generated by you and your company. In 11 modules you will learn the exact steps to take and when to take them to make $10k a month in your business.

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Do you want to make $10k a month in your business? The $10k a Month Sequence for Success Workbook is a step-by-step process to make $10k a month. It is a blueprint which tells you exactly what you need to do and when to do it to build the business you always dreamed of.

The workbook includes:

Module 1 – Determine Your Business

Module 2 – Define Your Target Market

Module 3 – Create Your Product Funnel

Module 4 – Create Your Revenue Forecast

Module 5 – Strategic Marketing Plan

Module 6 – Networking For Leads – Build Your List

Module 7 – Email Marketing

Module 8 – Systems

Module 9 – Sales

Module 10 – Team

Module 11 – Analyze and Revise

In addition to the workbook you will receive 1 hour of one on one coaching.

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Building a book of business is no easy task: how one financial advisor helps the next generation of professionals

Growing up, Blaine Gibson was familiar with seeing people in successful careers make financial mistakes. He saw it up close in his own family when he watched his father try to fix his aunt’s missteps with a family estate plan. 

This common experience was so stressful and time-consuming for his family that Gibson was inspired to learn more about how he could help people have better experiences with money.

“Information about personal finance wasn’t readily available to the public when I was growing up,” Gibson, a financial advisor with RBC Wealth Management’s Mequon branch says. “I’ve seen a lot of smart people make mistakes that could’ve been avoided had they had the proper knowledge.”

Gibson became interested in the financial services industry 40 years ago when he started on the banking side. He found his way into wealth management, and therefore, his perfect fit. The industry has provided him opportunities to help clients pursue financial success, and also offered ways for him to volunteer, teach financial education and advocate for Black students to consider a career that he’s found so fulfilling. 

Gibson and his team joined RBC Wealth Management in 2018 after about a decade with a different firm. 

“RBC Wealth Management was a great landing spot for us,” Gibson says of his move. “RBC has the supportive, inclusive culture that we thought other companies had, but didn’t.” 

Advocacy and mentorship

Gibson has a passion for financial education and advocacy for communities of color and other underrepresented groups that may lack trust in the financial services industry. He approaches financial topics with empathy and an understanding that each person’s situation is unique. Whether it’s clients, prospects or recruits, Gibson has worked tirelessly to help people when they need it most.

Gibson and his team teach financial strategies classes at the University of Wisconsin-Milwaukee and Concordia University Wisconsin, which are open to the public. He also presents at church and community settings and speaks to middle and high school students about personal finance.

One of his volunteer endeavors is focused on African American youth that includes a mentorship program through high schools and colleges. The hope is that the students will stay in Milwaukee after graduation and find permanent jobs there.

“We all want these incredible students to be in our industry,” Gibson says, “but of course if they want to be doctors or lawyers, we support them in those dreams as well.”

Overcoming hurdles

Gibson, who is African American, understands the hurdles that Black people face when they pursue a career in financial services. 

Research shows that Black financial advisors often encounter unique challenges including discrimination and lack of mentorship opportunities, and it translates into fewer Black advisors joining the ranks.

According to data gathered by the Financial Alliance for Racial Equity, of which RBC Wealth Management is a member, 67% of students who participated in a 2021 survey say they find the financial services industry appealing, but 90% feel there are challenges that are unique to Black financial advisors. 

Research also shows that lack of support and discrimination by consumers deter them from choosing a career as advisors.

Gibson notes the predominantly white financial industry is built on a culture of entrepreneurship that gets passed down from generation to generation. There is nothing wrong with that, he says, but when there are fewer Black financial advisors to pass on their legacy, the lack of diversity perpetuates itself.

“For younger people of color coming into the industry, the expectation is that if they just do a good job, they’ll grow into the business,” he says. “But that isn’t always true to the lived experience. Many people of color have a longer road to success because they don’t benefit from generational legacy.”

That’s why mentorship and sponsorship are so important. It’s a focus of Gibson’s investment team to recruit and train financial advisors who may share in the team’s revenue. Many senior financial advisors are reluctant to bring on new financial advisors who don’t already have a book of business. But it’s important for the client experience, he says, and the success of the business, to bring on new financial advisors who add a diversity of perspectives, cover a wide range of ages, racial backgrounds and lived experiences, and reflect the population being served. 

“We’re saying to new advisors, ‘we like you, you’ve got what it takes, we’ll support you and give you the training that you need,’” he says. “That’s so much more meaningful than just offering a job that won’t be fulfilling long-term.”

However, Gibson says, just like other entrepreneurial endeavors, it takes a lot of time and dedication up front to build a practice that is sustainable long term. 

“People often get out of the business early because they set unrealistic expectations. You have to be all-in. When you first start out, you are overworked probably for the first five years,” he says. “But you’re building up to something, and, eventually, it evens out. If you can stick it out and grow your business, you’ll see it’s probably the greatest job you can ever have.”

Opportunities to create change

There is great need for Black, Indigenous and People of Color financial advisors. The 2020 U.S. Census recorded significant growth in the percentages of BIPOC Americans. In 2020, the Black or African American alone population, along with those who identified as Black and another race, accounted for 14.2% of the total population.

Gibson sees RBC Wealth Management taking the necessary steps to recruit and retain BIPOC advisors, as well as support communities of color. The firm’s involvement with the Financial Alliance for Racial Equity (FARE), as well as the Association of African American Financial Advisors, are part of the efforts that aim to tap talent at Historically Black Colleges and Universities. 

The firm also sponsors hands-on learning opportunities to attract colleagues from diverse backgrounds. The RBC Wealth Management Washington, D.C. complex, for example, has long supported the need for diverse talent. This year, the D.C. branch is specifically seeking applicants from HBCUs for a formal internship program. The opportunity will give students an inside look at the financial services industry, the space to network and connect with professionals at all levels of the firm, and the chance to pursue the Series 7 license. It’s real-world experience that sets them up for success in the financial industry. 

“For me, RBC Wealth Management is walking alongside me with diversity issues,” he says. “It’s nice to feel strong support from the firm, as opposed to feeling like I have to push and do all the work on my own. There’s still room for improvement when it comes to diversity in financial services. I’m glad to see more recognition that change is needed and concerted efforts are being made to bring about that change.”

RBC Wealth Management, a division of RBC Capital Markets, LLC, registered investment adviser and Member NYSE/FINRA/SIPC

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