thread: 2006-01-12 : Year-end sales chart
On 2006-01-12, Blankshield wrote:
One of the nice things about running a cottage industry publisher (often termed derogatorily as a 'vanity press') is that you don't, in fact, have to account for soft costs. Account for capital costs (printing) and running-the-business costs (website, conventions, etc) and whatever is left over, profit=salary. Or cost=tax break.
Some people like to track their time, and do rough salary conversions, and I'm certainly not saying that's WrongBadPublishing, but there's no requirement to do so.
James
