I haven't talked about writing in a while now, but it's still very much in the forefront of my non-work life. After family and vacations and other such things, of course.
Tiamat's Nest is still working its way through the critique queue. Should be finished in October, then I'll let it rest a while before getting stuck into revisions.
Meanwhile, I'm skirting the fringes of self-publication of Ghosts of Innocence. This is a three-steps-forward-two-steps-back kind of dance. I'm a planner in most aspects of my like, and this is no different.
Having the text of a novel is only the first (and an obviously important) prerequisite. But step back a bit, and there are all the other elements that go into a finished book, not least of which is the book design and formatting. Back up further, and you need cover art. Long before I started writing, I had dreams of seeing my own artwork on the covers of books. Now maybe I can realize two dreams at once.
But that means I need relevant artwork. Right now I'm working on some rough drafts and at some point will post the results for feedback.
So far, so good. But to get to the point of this post - how much do you treat writing like a business? I'm curious because I'm considering setting up a formal business to handle the sales (if any) of my books.
Yes, you can self-publish with very little financial outlay ... if you don't care too much about the end result.
However there are costs involved in doing it properly. And costs are tax-deductible if you are a business rather than just an individual.
The above-mentioned book design for a start. Plus setting up and running a promotional web site. And if I'm planning to distribute through US-based avenues such as Amazon, they'll automatically deduct 30% US tax unless I register either as a non-US individual or a business. The former route is complex and involves hefty fees. The latter is easier and free, and alone is worth the expense of registering as a business.
So, those of you who've trodden this path already, how much do you treat writing like a business, rather than just a hobby?