Traditional publishing is a business agreement that a writer must thoroughly have full knowledge of, prior to opting into such agreement. With this method, writers must create a manuscript and proposal. Once, successfully completed the writer can either have an agent submit it in or they can send in the proposal on their own. Next, the proposal will then be thoroughly examined by an editor to distinguish if it is suitable to be published.
Most times, the proposal can be sent back for alterations and then must be resubmitted to the editor. At this point, the author must wait to hear back from the editor to see if it will be rejected or published. Furthermore, if the publishing company has interest in the proposal and choose to move forward with publishing your novel, they will purchase authority from you and offer you an advance and additional future royalties. The publishing company will finance all expenses for the design and supplies for the novel and will only print enough books that will actually turn over a profit.
Self-Publishing differs from traditional publishing, since the author will have sole proprietorship of their book and does not have to adhere to any contracts with publishers or publishing firms to get their book started. However, the author will be responsible for all expenses that may consist of design, printing, marketing and advertising to get their book out there.
Traditional Publishing Pros
Traditional Publishing Cons