Once you self-publish your book, you’ve because a business! Don’t worry, it’s all easier than you think. Here are some great explanations about how it how all works as well as a few tips. Click the linked title for the full article.
• Value of creating your own publishing company
When you decide to self-publish your book, you face two choices: Either you can allow the on-demand printing house to be your publisher or you can be your own publisher and essentially contract the on-demand company to be your printer and distributor.
• Tips for naming your self-publishing company
When self-publishing, you probably want to create a business that serves as the imprint – or publisher – of your book(s). This helps increase the odds of receiving attention from mainstream media, bookstores, libraries reviewers and others who still haven’t accepted that self-publishing now dominates book publishing.
• When to file Fictitious Business Name Statement
Should you set up a publishing company that will be the imprint of your book and run it as a self-proprietorship, you may have to file a Fictitious Business Name Statement. This also is known as a Doing Business As form.
• Set up a new bank account for your book sales
If as a self-published author you wish to separate your book sales from your personal income, you’ll need to keep separate bank accounts. Getting a bank account for your royalties, however, is a bit more complicated than simply going to the bank and opening one.
• Indie authors need to record business transactions
Indie authors always should keep track of their business transactions via journals and ledgers.
• Keep these docs for your writing business records
Self-published authors need to keep a variety of documents, especially if making any claims or deductions on federal income taxes.
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My name is Rob Bignell. I’m an affordable, professional editor who runs Inventing Reality Editing Service, which meets the manuscript needs of writers both new and published. I also offer a variety of self-publishing services. During the past 15 years, I’ve helped more than 400 novelists and nonfiction authors obtain their publishing dreams at reasonable prices. I’m also the author of the Storytelling 101 writing guidebooks, four nonfiction hiking guidebook series, and the literary novel Windmill. Several of my short stories in the literary and science fiction genres also have been published.
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