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That is if the publisher estimates that you ll sell 5 million copies of your book and pays you a huge 500 000 advance but then your book only sells 12 copies to your immediate family you don t owe them back the difference.

Book publishers who pay advances. They are offering advances of up to 3 500 as well as quarterly royalties on sales. Some do but it s unlikely if you are unknown and don t expect the amount to cover your time in writing the book the traditional logic behind an advance. At the moment lantana is looking for picture book texts for 2 4 year olds early reader fiction for 5 8 year olds and middle grade fiction for 9 12 year olds.

Publishers pay out these big advances in the hopes of finding financial tent poles like hollywood and the greatest thing about publishing is that it isn t hollywood. A typical advance for a new nonfiction author is only around 3 000 5 000 and keep in m. Now the nice thing is you don t have to pay back the advance if you don t earn out.

They focus on publishing nonfiction books aimed at niche markets. Ulysses press is an independent publisher that has been around for almost a decade. If you are interested in submitting you can check out lantana publishing s submission guidelines here.

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