P&Ls and how books make (or don't) money

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Profit & Loss/Profitability & Liability: How Books Make (or Don't Make!) Money

A basic outline of what happens when an editor buys a book and wants to publish it. This is very much a basic look at publishing and publishing finance, with some explanation of terms commonly used by the marketing and sales departments.

Comments

[andsaca369.livejournal.com]

Hee! Shh and don't ask, if you are being told not to open that box; I don't need to know THAT badly. *g* It really is only idle curiosity, because I saw something that dovetails with what I do and went all OOH OOH THAT'S ME YAY.

Thank you for asking, though. :) I appreciate it.

[(Anonymous)]

Well, as a reseller of some TOR books to the school market, when we buy the books we're paying freight on a collect account.

Great explanation, I'm totally sending everyone who comes to me begging, "oh you're in publishing/the book business, here's my manuscript" over to your site... expect lots of hits.

--K