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SFA 112 – How to Smartly Invest back into Your Book Business

Six Figure Authors

CHAPTER

How Do You Handle Money Now?

i don't have solid percentages when it comes to investment, advertising and all the like. My priority is always to make sure that i'm in the black terms of earnings and that my expenses can be covered t for e at least the next two months from money on hand. I here marked about five thousand dollars per book for cover edit promo. A the money left over after the launch either goes into ongoing advertising sometimes, or it sits in a savings account until i'm determined its intent. It might be used for an experiment, like a self produced audio book, which i've done twice. And then, you know, i just did better that year in terms of investment.

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