Risk-Free Publishing; Or, When Everyone Can Bankroll Books

Is it possible to publish books without financial risk?

In the case of the traditional publishing model, publishers often pay authors money in the form of an “advance on royalties.” They also invest in the creation of the book in the form of paying editors, book packagers and often others to bring it to market. If a book fails to sell, that publisher just loses that money.

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Filed under Books, Marketing, Publishing

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