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This tag should be used for questions about money and finances involved in being a Writer.

2 votes

If you get an advance do you ever have to give it back?

I had a situation where I received an advance for a book proposal, but personal issues and family matters caused me to miss my deadline, and the publisher requested the money back. … By the same token, you don't receive another penny from the publisher until the book makes enough money to pay the advance back to the publisher. Only then do you start collecting royalties. …
Steven Drennon's user avatar
8 votes

Can I self-publish on a reputable publishing platform, and how much would it cost?

You might want to spend a little money to get a good book cover and to have someone professionally edit your book, but you should be spending that money anyway if you were using a subsidy publisher. … Book covers: $50-$300 Editing: $75-$500 (depends on size of book) I have two fantasy novels that I self-published over the last few months, and I have already recovered the money I spent on them for …
Steven Drennon's user avatar
0 votes

How should book credit and profit be given for an individual editor?

Typically, an editor does NOT have their name listed on the cover of a book. It is more common to acknowledge the editor in the acknowledgements. The exception to this would be in an anthology where t …
Steven Drennon's user avatar
6 votes

Why do authors usually put a reference section at the end of a book when they are not refere...

Usually a writer will include books that they either read or referred to as part of their research for their own book. Even though they may not quote specific passages from the original source, they a …
Steven Drennon's user avatar
6 votes
Accepted

What are "industry leading royalties"?

If you are receiving an advance, then you will NOT receive any royalties until the publishers recover the money they paid you for the advance. …
Steven Drennon's user avatar