Yesterday we finally had the first of the long list of starting a business in our hands-the business cards. Yes, writing a book(s) is a business. I'm sure there are those who never thought that their writing novels would turn into a business, but that is one of the end results.
Next, setting up the LLC and opening up a business account for those checks from Amazon. I'm thinking positive here! And, of course, this time next year, or maybe quarterly I'm not sure, we will be doing business taxes, as well as personal. See, this is what happens when you sell a product to the public. And, It doesn't matter if you self-publish or traditional, you are now an entrepreneur. An exciting prospect, but also a responsible one.
Now we begin to think like a business. Saving all necessary receipts, passing out business cards whenever possible, staying on top of everything that involves owning a business. You even have to draw up your own contracts if you have an artist designing your covers or your website, or a regular editor.
There is a lot to this. I'm grateful that I have owned a business in the past, it helps in getting organized for this one. Not to mention, my sister is a wiz at a lot of this stuff.
Although I know that most would be excited about this prospect, there are those who can be intimidated by it. No need, one step at a time. And, before you know it you will become a pro and you can say with pride that you are an entrepreneur!
But, there are certain responsibilities involved, such as making sure you do the above mentioned, and little things, like making sure the software you are working on can be legally downloaded into an ebook...things like that. You don't want to get sued by Microsoft.
Yeah, I know it's a lot, but it will come together. I'm sure that some of you are saying, all I want to do is write, but I'm sure you have figured out that's not going to be the case. So, for those of you that dream of seeing your books for sale on Amazon, or the book store, this is a 'package' deal.
Until next week, I hope all of you have a wonderful weekend! I look forward to any comments. Let me know if this is a realization for those of you that write, or even those who haven't realized how much work goes into publishing books!