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

[alg]

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

[laast.livejournal.com]

Wow, Anna! Math scares the crap out of me, so I am hiding under the blankets. I love learning about all of this stuff you are telling us about publishing, and thank you for taking the time to do it! Let's say someday I or a friend or someone I knew (no agent, no nothing) was offered a contract. How dumb would it be to take the first offer if the author was just so happy to have an offer? I feel like I would jump all over any offer @ all. I agree with lepapillon. Those numbers are scary. Really scary.

[alg.livejournal.com]

Aw, don't be afraid of math. This is easy -- this is algebra. Just plug in the numbers and go!!

[laast.livejournal.com]

lol~!