Article Category - "Finances"


Independent Articles
Erin Wright, January/February 2022
The Book Publishing Pyramid »

PUBLISHED JANUARY/FEBRUARY 2022 Erin Wright, USA Today bestselling author — Instead of trying to do everything all at once, authors and indie publishers should use a leveling-up approach to focus their efforts. Article Synopsis: Focus on e-books in the beginning of your publishing journey, as they will provide the most stability and income. Diversify your …

Allison Olson and Monica Meehan, November/December 2021
How the Pandemic Has Forever Changed the Way We Sell Rights »

PUBLISHED NOVEMBER/DECEMBER 2021 by Allison Olson, Hay House and Monica Meehan, DropCap — The way we conduct business and showcase titles to prospective buyers must not only be reinvented but revolutionized for a more modernized future. For those unfamiliar to it, the world of translation rights can be mysterious, even daunting—the job of a small, …

Julie Broad, November/December 2021
7 Ways to Make Multiple Streams of Income From Your Nonfiction Book »

PUBLISHED NOVEMBER/DECEMBER 2021 by Julie Broad, Founder, Book Launchers — “Hi. My name is James. I read your book, and I was wondering if you have any interest in taking on more investors for your deal.” When my first book, More than Cashflow, hit the market, one of the things that surprised me the most …

Brian Jud, September/October 2021
4 Tips for Negotiating Large Book Orders »

PUBLISHED SEPTEMBER/OCTOBER 2021 by Brian Jud, Book Marketing Consultant — Below are tips to help you prepare to ask for—and get—an order for your books. Have you ever bargained with a potential employer for a job offer? If so, you already know the basics of negotiating a large, nonreturnable book order since there are many …

David Marlin, November/December 2020
Four Consequences of Poor Book Royalty Management »

PUBLISHED NOVEMBER/DECEMBER 2020 by David Marlin, Co-Founder, MetaComet Systems — Mistakes and inefficiencies in royalty calculations and payments can quickly escalate into publishing horror stories, but MetaComet has the remedies. Everyone in publishing has first or secondhand horror stories to tell—of bad decisions and simple mistakes that caused serious disruption or even ended a business. …

Mike Mansel, July/August 2020
What’s the Deal With Publishers Liability Insurance? »

PUBLISHED JULY/AUGUST 2020 answers by Mike Mansel, MA, Certified Insurance Counselor, Aegis Insurance Markets — Certified insurance counselor, Mike Mansel, breaks down all you need to know before buying publishers liability insurance. What are some of the missteps publishers take when buying publishers liability insurance? The biggest mistake is for publishers to go to a …

Bruce Brown, January/February 2020
Grow Your Publishing Business Through Joint Venture Associations »

PUBLISHED JAN/FEB 2020 by Bruce Brown, Author-Publisher — What is a joint venture or referral arrangement within book publishing, and how do they work? If you are an author, have a book publishing business, sell books, or do freelance editing, content writing, proofreading, ghostwriting, book coaching, or another related business, setting up a joint venture …

Stephanie Beard, November/December 2019
Legal Briefs: The Royalty Rates Publishers Are Actually Offering »

PUBLISHED NOV/DEC 2019 by Stephanie Beard, Executive Editor, Turner Publishing — I was recently in a conversation with a colleague, and the discussion turned to whether or not the publishing industry has a common enough set of business practices—from royalties to release formats—for us to really refer to an “industry standard” when discussing these business …

Elizabeth Turnbull, November/December 2019
5 Tools to Help You Succeed in Book Publishing »

PUBLISHED NOV/DEC 2019 by Elizabeth Turnbull, Senior Editor/Partner, Light Messages Publishing — If you give yourself the right tools early on, you’ll free up valuable time so you can focus on growth. Article Synopsis: There are a set of milestones that must be met for every book published and put on the market for sale. …

Kathy Strahs, July/August 2019
The Value of Crowdfunding (Hint: It’s More Than Just the Money) »

PUBLISHED JULY/AUGUST 2019 by Kathy Strahs, Founder, Burnt Cheese Press — I chose to run a Kickstarter campaign to launch my first title as an author publisher. Here’s what I learned. I chose to run a crowdfunding campaign on Kickstarter to launch The 8×8 Cookbook, my first title as an author publisher, primarily as a …

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