However,
if you do want to start or change careers, you’ll consider such things as who
you are writing to, how many books you’ll need to sell at which price to make a
certain amount of money, and how to manage the businesses processes.
Maybe you’ll do your own taxes and file a Schedule C. Or should you
set up an LLC – limited liability corporation? Don’t ask me, ask your accountant.
You need an accountant? Possibly.
To
be clear, I do not advocate that we right-brain creative types stop writing and
do a lot of left-brain work to establish a business. That can come later, for
most of us.
Write
that book first.
RESOURCES
The Business of Being a Writer, Jane Friedman
Possibly the best overview of what you need to know after you write your book. You get an excellent work at the publishing world, too. Kindle and paperback.
The Indie Author Business
Plan
Good overview, with a
downloadable workbook. If you like multi-media learning, this is a good place
to start.
Kimberly Grabas
7 Elements for a
Nonfiction Writer’s Business Plan
An overview that could be
helpful whether you write fiction or nonfiction.
http://writenonfictionnow.com/7-key-elements-successful-nonfiction-writers-business-plan/
A Long-Term View of the
Indie Author Business with Liliana Hart
42 minutes, but a good
example of building to success in the real world.Hart (who has sold more
than 3 million books) also compares Amazon and ibooks – not saying one is better,
but discussing differences. Apple has 7 billion devices out there. I learned a
lot watching this, especially about the Apple market for audiobooks.
The podcast interview is
conducted by author/publisher Joanna Penn.
Tonya Price’s site deals
with business aspects of writing. Her book on the writer’s business plans is
comprehensive. Just looking at the description gives you a sense of things to
consider.
Your tax dollars at work –
Small Business Administration overview and links on preparing a business plan.
A good reference point, but too much to think about if this is all new to you.
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