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writer's business planHi, friends. This is a shout out to authors, editors, artists, and formatters of books. If you’re not among that list, but know someone who is, please pass this along to them before it’s too late.

On Monday, April 13, I’ll begin teaching a six-day course in The Writer’s Business Plan. We’ll cover some really valuable topics, like how your writing (editing, art, and formatting) is a small business, why you need a business plan, and how to easily make one for yourself. Here’s the course syllabus:

Lecture 1:

  • A writing career;
  • Comparison to a small business;
    • Planning
    • Implementing
    • Marketing
    • Accounting
  • Why you need a business plan.

Lecture 2:

  • The components of a small business:
    • Product or service;
    • Customers;
    • Workers;
    • Management;
    • Assorted expenses:
      • Publicity;
      • Advertising;
      • Manufacturing.

Lecture 3:

  • Income:
    • How many products you’ll sell;
    • Time for sales (including calculations for projected sales);
    • Cost per unit (including calculations for projected income):
      • Working backwards from income to cost per unit.
    • Net income.

Lecture 4:

  • Creating a five year plan:
    • Being S.M.A.R.T.;
    • Full-time or part-time writer;
    • Number of books you intend to write;
    • Financial goals for five years;
    • Royalty rate;
    • Audience;
    • Publishers.

Lecture 5:

  • The Writer’s One Page Annual Business Plan (handout and instructions).

Day 6:

  • Two hour chat.

As you can see, we’ll be talking about a lot of important aspects of the book business, your book business. The class is taught at the Savvy Authors web forums, Monday through Saturday next week. It is not a free class, but it is quite economically priced, and you get experience and take-home material as part of the course.

If you, or someone you know, would like to participate in the class, here’s the sign up page.

I look forward to seeing you there!

Trish

2 Comments

  1. Trish, this sounds awesome!
    Actually, I was just talking with a friend of mine, about how I have still been considering my writing to be more of a hobby.
    But I would love to gain some insight into what I could do to take it out of the hobby realm and into the business one.

    I’ll go check it out and see if I can make the time.
    Thanks so much!

    🙂

  2. This sounds like a fantastic class! I only wish I had the time to take it, but I’m working all next week and I’m helping with a student run production, so I’m all tapped out. 🙁 You should do speaking engagements with this class, Trish. 🙂

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