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:
- A writing career;
- Comparison to a small business;
- Why you need a business plan.
- The components of a small business:
- Product or service;
- Assorted expenses:
- 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.
- 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;
- The Writer’s One Page Annual Business Plan (handout and instructions).
- 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!