In the traditional publishing model authors can get paid in two ways, either a flat fee (a onetime lump sum) or on a percentage, or royalty, of each book sold. Then there is the increasing popularity of self-publishing. Here we’ll outline the differences.
When working with a publisher each contract will vary but there are common practices in the industry. Typically royalties for hardcover books are about 10% while 6%-8% can be expected for paperback. A new trend emerging is for publishers to pay authors based on net rather than the retail price of the book. A
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If you are writing for the first time beginning
When you’re focused on your passion or mission time seems to stop. Before you know it you look up and find it’s dark out and way later than you thought!
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