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Understanding a Book Advance and Royalty

Wednesday’s topic is going to be very simplified and is not meant to be ‘taken to the bank.’

Wednesday’s topic is going to be very simplified and is not meant to be ‘taken to the bank.’ 

Book royalties and book advances are the means by which publishers pay authors for their work.

Following is a brief overview of what the terms mean and how book royalties and advances work. 

Let’s talk about it. 

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