or, ‘what Jamie thinks you should do, and in what order, to make books happen in this crazy modern world’
Those familiar with my output on the subject of small press publishing will be bracing themselves for a lot of financial talk in this article, at least one graph, and maybe even a couple of indecipherable formulas — so let me reassure you straight away, that won’t be the case. …
Last week I posted ‘A One-Page Business Plan for a One-Person Publishing Company’, and since then there’s been the usual deluge of comments, queries and requests in my inbox. Rather than answering everyone individually, I thought I’d collate all the extra information into a new post — so here we go. Hope this clears everything up!
A couple of people asked for the RRP formula as an actual formula… it’s tricky to express such things elegantly on Medium, but here goes:
{ ( [ your hourly rate inc. salary and other overheads × hours needed for project ] + print costs for expected initial sales + other production expenses ) ÷ no of expected initial sales } + author royalty per copy = essential income per copy sold. …
Or, how you can make £24k a year from small press publishing, ethically and sensibly, with minimal headaches and a 20-hour working week. No, really.
Though it’s been a few years since I ran Valley Press entirely on my own, for some reason I find myself coming back to the ‘solo publishing’ scenario again and again; this article being no exception. …
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