I'm writing my first book now and my idea is to publish it on Amazon KDP as an ebook. Let's be real, I'm no Shakespeare, so I'm expecting modest sales.
I want to maximize the profit and there are a few things I haven't figured out yet. For example:
- how do I get paid? EFT is the simplest way that works for me but it can accumulate quite some taxes for small transfers. It would help to have few large...ish value transfers than many small value transfers. Can I control when I can transfer the money from Amazon to my banking account?
- are there restrictions on locations (i.e. not being able to transfers to some country)? For example, I'm located in Europe, Romania.
- is it mandatory to have an USD account?
- are there better ways to maximize profit?