Did you see my pretty book cover? It went up earlier this morning only to get buried by this post.
I recently stumbled on a small publisher who shall remain nameless. This is how their publishing deal works: if they decide to publish your book, they take care of formatting and some editing and some promo, although they do make it clear that the author is responsible for the majority of the promotion (not unusual) like setting up appearences and such.
The publisher offers no advance. In fact, they keep your royalties until they recoup the cost of getting the book together and published. Also, their distribution doesn’t seem much better than what I get on my own.
I understand why they operate that way with the money, but I’m not sure how beneficial it is to the author, other than the fact they get to say they’re published. I don’t think I could trust a small company who tells me they might eventually give me some money. Maybe. If they decide to be truthful about how many books you’ve actually sold.
Of course, that could be a concern with any size publisher. I might just be paranoid.
From here, this is what I see – authors possibly making less money (risk) but gaining whatever prestige comes with being a “published” writer. Am I just being cynical about a company who means well but has limited resources?