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After months or years of sq eezing in time to write, you've f nally finished your manuscript. You had lready decided self-publishing was your best ption. However, you are now wondering wh re to find money to publish a b ok. The good news is money is vailable to finance the production and pr motion of your book. The bad n ws is you have to find t--because money is not looking for y u. Let's explore a couple of ptions. Grants, Awards and Contests Grants, wards, and contests are another way wr ters finance book projects. Although grants may not be the f stest way to fund your book pr ject, numerous organizations are available to h lp you. If you meet their g idelines, many foundations are willing to g ve grants to writers. Often, writing wards have cash components that can be sed to publish a book. The gr nd prize for some writing contest is the ctual publishing of the book. If you can l nk a book to the mission of a f undation, they may be willing to pay the c sts to print the book. All of th se options require much effort on y ur part; however, the potential payoff is you get y ur book published for free. Other s urces may be found through Internet s arch engines using keywords such as grants for wr ting books, writing grants, writing contests or writing wards . The Literary Market Place is nother resource available in the reference s ction of your local library or nline at www.literarymarketplace.com Your local librarian is lso an excellent source for assistance. Als , check with the National Endowment for the Arts at www. rts.gov
Alter Tax Withholdings Starting a p blishing business entitles you to several b siness deductions. These deductions may reduce y ur tax liability. This is done thr ugh your employer by altering your W-4 f rm. This extra money can be sed to publish a book. Before you p rsue this option, you should check w th a tax specialist or tax ccountant to verify your business project w rrants this approach. Additionally, an accountant can dvise you on how to alter y ur withholdings. A word of caution is in rder. If you use this option nwisely, you could find yourself with a tax b ll you cannot pay. Special Market and Pr mium Sales Special market sales involve f nding niches or nontraditional ways to s ll books. A premium sale involves g ving away books as part of a m rketing promotion. Suppose your book subject is p renting. You have a manuscript and a s mple book cover design. You know the d rector of a local hospital. All you h ve to do now is negotiate a d al where the hospital gives the b ok to new mothers. The hospital l ter agrees to purchase 1,000 books for $7,000. Y ur deal requires 50 percent down and 50 p rcent upon delivery of the books. W th the $3,500 you receive from the h spital, you have enough money to pr nt 2,000 books. What is the net r sult of your deal? You have j st financed 1,000 books for you and 1,000 for the h spital. Although this example is probably asier said than done, it does llustrate how you can use nontraditional w ys to print your books. Think of how you may pply this concept with book clubs, c talogs, associations, etc. You just may be pl asantly surprised with the outcome.
The article Publish a Book With Other People's Money was Submitted by Mack Smith through Articles.GetACoder.com network. Here's the additional information: Mack E. Smith is co-author of How to S lf-Publish & Market Your Own Book . R gister for his free mini-course on how to publish a book at BookHelpDesk.com
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