Accounting for Authors: Financial Analysis, Budgeting, Costs, and Margin Made Simple
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loginDo you avoid thinking about money as a writer?
Does the thought of analyzing finances or balancing a budget turn you off?
Are you looking for a way to embrace accounting principles to help you make the most of your author earnings?
Managing finances can be difficult for anyone, but writers often face unique challenges when it comes to budgeting, calculating production and marketing costs, understanding margin, and forecasting.
Whether you are self-publishing, working with publishers, performing freelance writing duties, or any combination, having a solid understanding of basic accounting principals can go a long way to making your writing life easier.
This is, after all, your writing business. And, as such, it needs to be treated with the same respect you give to the craft and producing professional work.
Chances are you're not actually "bad with money," as you may have always believed. You're more likely just a little overwhelmed or confused about some of the basics when it comes to finances and accounting.
