Making Money Mondays and Uncle Sam

Top Ten Tax Tips

Do all or some, but always number one and number two. And for all you giggling 8 year olds … yes I said number one and number two.

Save every meal receipt (if it pertains to writing) for every meal at every event, every con, and on the road before and in between and after. On receipt document date, time, total, and who you were with. A lot of receipt ink no longer lasts. Faded receipts are useless. If you count off your clothing as a tax deduction, make sure the clothing is worn only at what counts as work. Con costumes, con clothing, con shoes, have their own place in the closet. If I use it in everyday life, it doesn’t go in Con clothes and I don’t count it off. Count gas or mileage. Keep receipts (ditto on ink problems) or good records. If […]

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A Small Press Talk

In General:

On paper, the money from a small press looks just as good as the money as from a bigger press. Better even. Percentages on ebooks from big houses usually runs 25% of net. In small houses, it’s usually 50% of net. Paper copies at big houses will start your payment 8% on mass market and start at 10% of hardback cover price. Small presses (almost) universally use POD (print on demand) for books and the percentage usually starts at 10%, so no loss or gain on percentage there.

Most larger presses are beginning to ease away from printing mass market books. The MMs never made any money for the companies. Trade paperbacks have meant higher profit margins meaning more money in their pockets. Ebooks ensure fewer returns. POD trade paperbacks can be issued per order, so no losses on returns there either. Therefore, all these changes in formats […]

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The Beginning of the End Part 3 — The Small Press

Happy Day-After-Valentine’s Day, Y’all! Picking up where we left off, let’s talk about small presses. (I know it isn’t a rose or candy, but it’s good info.)

With stores ordering fewer and fewer books, publishing houses publishing fewer and fewer books, and more and more readers ordering electronic books (the book purchasing percentages of the Jane Yellowrock series are now 81% electronic) we have more and more writers, even high midlist name writers, looking at small presses. Herewith are a few of the Pros (prose?) and Cons of the SMALL PRESS.

Cons 1. No books on bookstore shelves 2. Poor likelihood of library purchases 3. Poor likelihood that the small press will work with distributors like Baker & Taylor and Ingram’s 4. Which makes it difficult for indie bookstores and chains to even know about your book 5. Few small presses even put out an electronic catalogue 6. Small presses […]

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The Beginning of The End, Part 2

Last month, I talked a bit about the changes present and coming to the publishing industry: the way that mass market paperbacks (the small paperbacks) are slipping away; the way that publishing houses are moving to Trade (the large paperbacks), Hard cover, and E-books; the way that bookstores are going to buy and stock fewer books altogether. A LOT less books; the way that the decreasing amount of shelf space for new books in stores will change the publishing marketplace. Worse – the way that, with fewer large pubs, there will be fewer numbers of writers published. Worst — the way that those fewer numbers of books in houses and on bookshelves means fewer editorial staff kept on hand, fewer PR staff, and all this means more adjustments for unpublished and midlist writers.

These changes have already resulted in a huge transformation in the way readers shop for books, and […]

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MAKING MONEY MONDAYS!

Happy New Year!!!It’s the start of a new year and new things and new beginnings.

After a few years of trying different things, formats, writers, and concepts here at MW, we are making some changes to try to meet the needs of our readers. We are trying old things. Yep. Old things.

For starters, some old and wonderful names and faces and writerly pens will be coming back to MW on a regular basis. I will be here two Mondays a month. In case you have totally forgotten me (sob whine) I’ve put a bio at the bottom of this post and an old photo.

John Hartness will be taking the other two Mondays. I know, right? Squeeee! Together, we will be talking and sharing and dishing about the financial aspects, the commercial aspects, and the New York publishing house aspects of the biz (dismal for the most part). But […]

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BLACK ARTS and Secondary Characters

Happy New Year, Everyone!

This is my first post of 2014, with the new format, and (gasp, can it be so?) I have a book release today. Yes. Today. I’ve a case of the jitters worthy of a bee keeper who is allergic to bees, because I quit my job at the lab in the hopes that I’ll hit high enough in the lists and sales numbers to actually pay my bills. Yes. You heard right. I am solely and completely a full time writer now, instead of being a full time writer and full time lab rat (for the benefits). Instead of the 80 hour work weeks I have pulled for the last 20 years, I’ll be working only 50 hours each week. I will be resting. Paddling white water. Resting. Yoga-ing. Resting. Baking bread again. I have a loaf cooling now. And I had massage this morning. […]

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Best Books

Writers are always asked what their favorite books are. Since its holiday season, I thought I’d share, then (at the bottom) talk about what I find difficult to do as a writer.

As I’ve said here before, my life changed in fifth grade when my teacher told my mom I was a poor reader. They two of them cooked up an evil plan to have me read aloud to mom for 30 minutes every day. The school librarian picked out book she thought I’d like, and I still remember that book. It was Gilligan’s Island, a comedy book, based on the old TV series. The first day I dropped into the story I was hooked. By day three, I was reading under the covers with a flashlight. By that Friday, day five, I had finished that book and was halfway into the next one. I haven’t stopped reading since.

These […]

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