If you are US based, maintain your corporate veil, even as a "lowly" LLC. Its a pain in the beginning, but as he mentions in the video there's lots of upsides with it too.
Thanks. Very useful for me. I'm a year into my KDP publishing journey and should have looked at the bigger picture earlier on. I've got too many books under my personal pen names and can't separate them out for the purpose of selling the business later on. I'm now starting a new publishing business as an LLC with the goal of selling the company when it reaches a certain income.
There are ways to 'transfer' the ownership to the company. However, putting a book into a different KDP account would mean taking it down from yours and reloading it to the new one. That can hurt sales momentum :(
Thanks for this video! It's a great idea to have your publishing co. to publish your books. Still, for some of us, it may be big words. Are there any kind of complications with your KDP account, for example, if smb first starts self-publishing and later settles a publishing co. and continues self-publishing his/her next books?
My biggest hangup is that some people say you need an official office not your home address, for privacy etc. and I don't like the idea of having to pay a subscription to use one of the virtual offices suggested.
You don't need an office separate from your home. You will need an authorized agent with a separate address. Almost all companies that you may use to setup your LLC/Corp will provide this service as part of the company formation. I believe it costs me $50/year for the company i use to act as my authorized agent. All of the ones listed in the video offer this as part of their process.
This is kindlepreneur. Why have the last two videos been about trad publishing? Who goes to Amazon self publishing to start trad publishing? You bought this channel and are about to rebrand it aren't you.
Hmm...First off...no it wasn't sold. See two videos ago. Second off, I'm not sure you watched it...or watched it fully. Give it a go again, and see very why self published authors might want to put their books under their own publishing company. :)
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If you are US based, maintain your corporate veil, even as a "lowly" LLC. Its a pain in the beginning, but as he mentions in the video there's lots of upsides with it too.
Thanks. Very useful for me. I'm a year into my KDP publishing journey and should have looked at the bigger picture earlier on. I've got too many books under my personal pen names and can't separate them out for the purpose of selling the business later on. I'm now starting a new publishing business as an LLC with the goal of selling the company when it reaches a certain income.
There are ways to 'transfer' the ownership to the company. However, putting a book into a different KDP account would mean taking it down from yours and reloading it to the new one. That can hurt sales momentum :(
I established a sole proprietorship and added dba
Thanks for this video! It's a great idea to have your publishing co. to publish your books. Still, for some of us, it may be big words. Are there any kind of complications with your KDP account, for example, if smb first starts self-publishing and later settles a publishing co. and continues self-publishing his/her next books?
My biggest hangup is that some people say you need an official office not your home address, for privacy etc. and I don't like the idea of having to pay a subscription to use one of the virtual offices suggested.
You don't need an office separate from your home. You will need an authorized agent with a separate address. Almost all companies that you may use to setup your LLC/Corp will provide this service as part of the company formation. I believe it costs me $50/year for the company i use to act as my authorized agent. All of the ones listed in the video offer this as part of their process.
Nice Vid! A little bit of audio fuzz in the background but maybe that's just my terrible speakers haha
Sorry about that - we'll work to clean it up :)
Please add organic rank positions to publisher rocket yet and then the PR will be much better than HELIUM 10. Do you have this planned?
This is kindlepreneur. Why have the last two videos been about trad publishing? Who goes to Amazon self publishing to start trad publishing? You bought this channel and are about to rebrand it aren't you.
Hmm...First off...no it wasn't sold. See two videos ago. Second off, I'm not sure you watched it...or watched it fully. Give it a go again, and see very why self published authors might want to put their books under their own publishing company. :)