Is Every Author a Business Owner?
With the self-publishing craze fully underway, new authors are popping out of the woodwork from every walk of life from nearly every genre imaginable. During this week’s live TV multicast (Author’s Video Hub LIVE: Author’s Strategy Mailbox), I zeroed in on two essential questions relative to an author’s business strategy. Two of which, were sent in from two up and coming self-published authors:
- The Internet is quite the confusing place to gain proven ideas. What is the difference between author marketing and author advertising? (Brenda from San Diego, California.)
- What is the purpose of a “Mission Statement?” As a first-time, self-published author, do I need to create one? (Kathie from Seattle, Washington.)
While addressing these essential author questions, I blended in elements pertaining to operating an author’s business entity. After supporting and representing hundreds of self-published and traditionally published authors over the past 20 years, I have discovered that most new authors never consider themselves to be active and legal business operators. The fact of the matter is that when you, as an author, sell one of more books (for profit), you are indeed doing (conducting) business. This being so means that you, as an author, must be registered to do business by applying for a legal business license by recording your business legal structure with perspective Federal, State, and local agencies, as required by law.
Author’s Video Hub LIVE (021314)
These topics were discussed and are now shared with you to help you become a bonafide (author) business owner and operate your business efficiently, ethically, legally, and profitably.
Be smart and be encouraged,
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This Site has been prepared by TJM for informational purposes only. The content on this Site is not offered as, not intended as, and does not constitute legal advice, it does not create an attorney-client relationship, and you should not rely upon it as a source of legal advice. Nothing on this website should be considered a substitute for professional legal advice.