Starting your own publishing company

If you’re looking to self-publish your book, and only print a few copies to have for family and friends or at local book clubs, you don’t need to keep reading. This is going to be a short introduction to starting your own publishing company with the intent to self-publish your book and make a profit. Little disclaimer here: I can’t guarantee that people will buy your book and you will make money. And, as usual, I highly suggest you do your own research on this topic. There’s a lot of information out there. Ok, ready?

When looking to start your own publishing company, a name is always important. I heard at one conference to choose a name that is not yours, i.e. Orrison Publications would not be a good idea. The reason is that you don’t want to look like a self-published author, but rather an author who has been picked up by a small publisher. It’s easy enough for anyone to do some digging and find out that you own the publishing company, but sometimes that first glance is all you need for someone to purchase a copy off the shelf. Once you have your business name picked out, do a search in the local business registry to makes sure it’s not taken.

The next step is to choose what type of business you’re going to be and get registered with the proper entities. Here in Idaho, I would need to register as a new business, file for any required permits, and set up tax accounts. During that process, I would need to choose a business type. The choices are Sole Proprietorship, Partnership, or Corporation. I’m not an attorney or a tax accountant (trust me, this is a good thing!) but if I was setting up my own publishing company I would probably choose to register as a Limited Liability Company (LLC). From my limited understanding, an LLC affords all the flexibility of a Sole Proprietorship with the protection of a Corporation. So if my publishing business tanks out, my personal responsibility to the company will be limited. Confusing? Definitely. This is where your own research comes in.

Alright, so we have our name and business type, and we’ve registered with the state and have all the required paperwork completed. What’s next? Do you have a publish-ready book? If not, then you’re in the writing, editing, and crying stage. If you do, congratulations! Your book needs to be copyrighted and get an ISBN, you know, that little barcode on the back. Bowker Identifier Services is a good place to start. They are fairly affordable as a single ISBN is $125 (one book in one format) and you can get 10 for $295. Copyrights start at $79.95 plus filing fees. They also have other resources useful for a self-publishing author.

  • Business name
  • Business license, permits, and tax account set up
  • Publish-ready book (it’s been edited, proofread, and triple checked)
  • Copyright
  • ISBN

You are ready to publish! You will need some additional things like getting a book cover designed and printing your book. Lulu is a fairly inexpensive book printer and, just like Bowker, they have additional services and information. There are a lot of resources out there for the aspiring self-publish author, you just need to take a little time to research them and find out what will best fit your needs.

Want to publish a second or third book? Your publishing company is all ready to serve you and all you need to do is write, edit, copyright, obtain ISBN, and print. Rinse and repeat.

Note: I am not affiliated with either Bowker or Lulu and will not receive any compensation for any clickthroughs or purchases on their sites. The information contained in this post is not to be considered as legal or tax advice.

 

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Pronoun No Longer an Option

In March of last year, I posted about Pronoun, a self-publishing help site. Sadly they have decided to shut down. Since the company was a part of Macmillian Publishers, I have hopes that they will re-evaluate their platform and strategy in order to find a way to continue to help authors self-publish their books. In the meantime, if you are interested in getting your work self-published, there are ways to do it. Some options include Amazon, iBooks Author, and creating your own publishing company.

What?! Impossible!

I know, it sounds scary and crazy, but it’s actually easy and doesn’t take a lot of money. Next week I’ll discuss the how-to’s and don’t-do’s of starting a publishing company in order to get your book published.

Stay tuned!

Book Review – Amber Magic

It took me a while to read Amber Magic by B.V. Larson, partially because I was in my final term of school and partially because the book was slow-paced and did not really hold my interest for more than a few pages at a time. I didn’t want to give up on it, though! I hate giving bad reviews, I really do. I don’t want people to read my work and give me a bad review. What I really want to do is edit this book for Mr. Larson. I can see the potential it has, and can feel how it is so close to being amazing. Mr. Larson did an excellent job of leaving the reader with questions (something I neglected to mention in my review), but because of the lack of connection between the reader and characters, there isn’t a desire to find out the answer to those questions.

Truly, Mr. Larson, I believe this book – and probably the series – has a future as one of the greatest fantasy adventures of our time. And I am willing to negotiate a deal to help you get it there.

My full review as posted on Goodreads:

Amber Magic (Haven, #1)Amber Magic by B.V. Larson

My rating: 2 of 5 stars

I love fantasy stories. I enjoy getting sucked into other worlds and having adventures. Unfortunately, this book did not do that for me. The storyline needs some developing and streamlining; it’s choppy and inconsistent. I didn’t care about the characters very much and they mostly seemed to have the same personality. I found myself actually hoping the goblins would kill off one of the main characters just so there would be some real excitement. There is no reader to character connection. Some of the phrases the characters used seemed inconsistent, as well. In one part a teenage boy sounded like someone from the Middle Ages when he never sounded like that before or again. There are lots of grammar errors and while I can overlook some of them, it is obvious this book was not edited very well. I would love to see this book edited and revised, as it has a lot of potential to become an epic fantasy adventure. As it is right now, I have no interest in reading the next book in the series. I don’t care how the story ends.

View all my reviews