budgeting

The final section in the business plan for your book is the budget (in a standard business plan, this section is usually called “Financial Factors and Statements). The budget for your book may be simple or highly complex, depending on a number of factors, including your publishing path. Marketing and travel budgets are part of this section also, as are any other book-related costs the author will bear. Note: Traditionally published authors do not bear ANY of the costs of publishing, sales, or distribution, and do not pay the publisher’s editing costs. Self-published authors are responsible for all of the costs of publishing