Previous month:
April 2018
Next month:
June 2018

Indie authors should use cash basis accounting

The two Calculator-385506_1920main methods of business accounting are cash basis and accrual.

In cash basis accounting, revenues are matched up to expenses when the payment is processed. So, if you provide a press release writing service as part of your indie author business, you would record the money due from your client only when the payment actually is received. Small businesses, especially sole proprietors operating out of their home, primarily use cash accounting, as it gives the most accurate picture of the actual amount of cash they have on hand.

Accrual accounting records the revenue when the transaction is agreed upon, even though no payment has been received for delivery of services. Likewise, once you receive a bill, it immediately is listed as an expense even though you may not have paid it. Corporations primarily use this method; in fact, in the United States, any corporation making more than $5 million a year has to use it. This method is preferred for corporations because it gives a current and accurate picture of a company’s financial condition. It’s also the only way some corporations can operate; for example, if you sell a product on credit, cash basis accounting provides no way to record future payments from a customer but accrual accounting does.

As an indie author with limited expenses and a small amount of revenue that isn’t garnered through credit, you want to use simple, straightforward cash basis accounting. Once you expand from solely writing to offering services or products that can be paid for in installments, you’ll want to switch to accrual accounting.

Professional Book Editor: Having your novel, short story or nonfiction manuscript proofread or edited before submitting it can prove invaluable. In an economic climate where you face heavy competition, your writing needs a second eye to give you the edge. I can provide that second eye.



A symbolic problem: Literally vs. Figuratively

The difference 00000000000000000000000z between these two words is one of apples and oranges, figuratively speaking that is.

Literally means “actually” and “without exaggeration.” To wit: When I told him to go fly a kite, I didn’t mean for him to literally do it.

Literally is overused these days, primarily because it’s become an intensifier, as in I was literally on fire. Arguably, it’s also misused, for literally as an intensifier virtually means the opposite of “actually” and “without exaggeration.”

When literally is used as an intensifier, the speaker probably should have used figuratively.

Figuratively means something is “metaphorical,” as in The wildfire figuratively cast a shadow over the holidays.

So remember – when using these two words don’t literally mix up your apples and oranges!

Professional Book Editor: Having your novel, short story or nonfiction manuscript proofread or edited before submitting it can prove invaluable. In an economic climate where you face heavy competition, your writing needs a second eye to give you the edge. I can provide that second eye.



11 Must-Have Elements of Your Story’s Opening

As you write 000000000000000000000000z and edit your story’s opening lines, make sure they achieve the following:

Use a Great Opening Hook
Establish both conflict and mood in the very first sentence; focusing on conflict usually gives your opening lines more energy.

Introduce the Protagonist
This “greeting” should provide just enough information that the reader feels the protagonist is interesting to follow.

Start in the Middle
Rather than give background information about how the story’s main conflict came to be, instead drop the reader right into the hornet’s nest.

Establish the Setting
Give concrete details showing the place and time in which the plot unfolds; this helps anchor the story.

Introduce the Central Problem
The central problem is the broad or central conflict that the main character must resolve before the story is over; it sets the story in motion.

Hint at Protagonist's Internal Motivations
Give personal reasons why the protagonist would want to resolve the central problem.

Hint at Protagonist's Intentions
Suggest the step your main character plans to take to deal with the story’s central problem.

Deliver Some Mysterious Element
Rather than write humdrum information about a character or a setting, give the reader a situation that is out of the ordinary or that is fraught with conflict; that is, hint at some mysterious element.

Establish Point of View
Every story has an angle or perspective – aka point of view – from which it is told. Which point of view you select deeply affects the way the story can be told.

Hint at Theme
A proposition that is argued or an aspect of human experience that is examined is your story’s theme; include underlying values that allow your theme to be revealed.

Set Tone for Story
Each story expresses an emotional climate or tone; creating tone involves a complex array of techniques such as diction, pacing and color.

Professional Book Editor: Having your novel, short story or nonfiction manuscript proofread or edited before submitting it can prove invaluable. In an economic climate where you face heavy competition, your writing needs a second eye to give you the edge. I can provide that second eye.



Main Characters

How to Write a Bestselling Novel:
In
7 Minutes a Day to Your Bestseller, writers receive expert advice on topics like motivating yourself to write, starting your story with exciting opening lines, creating intriguing characters, mastering the craft of writing to elevate your style, and pitching your story to potential publishers.


5 Great Quotations for Aspiring Authors

“Mere 00000000000000000y literary talent is common; what is rare is endurance, the continuing desire to work hard at writing.” - Donald Hall

“By writing at the instant the very heartbeat of life is caught.” - Walt Whitman

“But the ultimate lesson is just sit down and write. That’s all.” - Wole Soyinka

“Beware of advice — even this.” - Carl Sandburg

“If you wish to be a writer, write.” - Epictetus

Professional Book Editor: Having your novel, short story or nonfiction manuscript proofread or edited before submitting it can prove invaluable. In an economic climate where you face heavy competition, your writing needs a second eye to give you the edge. I can provide that second eye.



Affirmation 14 May 26

Every success story begins with a dream. If you dream of being a professional, published author, that success story requires believing in yourself and in knowing that your efforts will lead to triumph. Read the motivational blog entry this quotation came from by clicking on the quote card.

Professional Book Editor: Having your novel, short story or nonfiction manuscript proofread or edited before submitting it can prove invaluable. In an economic climate where you face heavy competition, your writing needs a second eye to give you the edge. I can provide that second eye.



Editing clients publish book on cancer fight

Recent Dave Renfroe EBOOK COVERediting clients Dave and Barbie Renfroe have published their first book, “Plunge into Darkness.” When an emergency room visit turns into a cancer diagnosis that gives Barbie mere months to live, she and her husband Dave find their lives turned upside down. But neither is willing to give up without a fight. Three surgeries and hundreds of hours of chemo later, Barbie has defied the odds. “Plunge into Darkness” takes readers on Dave and Barbie's journey through their battle against cancer and relates how they found family, friends, community and the teachings of Jesus Christ powerful bulwarks against depression and the sense of hopelessness that threatens every person who suffers from cancer. Their story is inspiring, and they hope it will give families and those battling cancer the strength to carry on their own fight. It is available online as a paperback, Kindle ebook, or as ebook for iBook/Nook/Kobo.

Professional Book Editor: Having your novel, short story or nonfiction manuscript proofread or edited before submitting it can prove invaluable. In an economic climate where you face heavy competition, your writing needs a second eye to give you the edge. I can provide that second eye.



Keep budget to guide your self-publishing efforts

Indie authors 0000000000000000000000y should create a budget to manage their money for writing. You don’t want to lose track of your spending and profits. In addition, a budget ensures you think hard before purchasing a service, preventing you from wasting money. A budget also helps you get the best return on investment for your dollar.

Begin by researching prices for the services you need to purchase; list them and their estimated costs on paper or a word processing document. Those are your anticipated expenses. Next, determine how much money you’ve earned from book sales. That is your revenue.

Of course, you haven’t earned any money yet if you’re just starting out. Self-publishing always requires a small capital investment on your part. You may need to make this investment a line item on your household budget and every month add so many dollars to your writing budget. Or you may need to wait for a bonus check or take a seasonal job to cover the expenses.

The challenge to all indie authors is to initially spend as close to nothing on services so that you have very low expenses. That maximizes the amount of revenue from your book sales.

Usually what busts a budget are unanticipated expenses. In indie publishing, this usually comes after a visit to a store’s stationery aisle. Perhaps you bought pens, notebooks, a printer cartridge, Post-it notes, and other writing-oriented do-dads. Before buying anything, though, you have two choices: Spend money from your household budget or don’t buy them. I advocate the latter, at least when you’re starting out. This prevents you from mixing your household and business budgets. It also forces you to adopt an entrepreneur mentality of always asking, “Do I really need this to succeed?” The answer in most cases is you probably don’t. For the above purchases, you instead can write on your computer, use a free note-taking app, and edit by reading the manuscript on your screen.

Lastly, remember that a budget, like your writing outline, is a flexible document. You can only spend what you have available, and sometimes that’s less than you want, so you will need to cut expenses. On good days, though, the revenue is more than you expected, so you can potentially spend more than you wanted.

Professional Book Editor: Having your novel, short story or nonfiction manuscript proofread or edited before submitting it can prove invaluable. In an economic climate where you face heavy competition, your writing needs a second eye to give you the edge. I can provide that second eye.



Grammar Court: Judgment vs. Judgement

Which spelling Auction-2891804_1920 you use largely depends upon what side of the Atlantic you’re on. And if on the British side of the pond, then it’s only slightly more complicated.

In American English, judgment (no e) is the preferred spelling. This is because back in the 1820s, Noah Webster, when he wrote the first American dictionary, decided to simplify the spelling of a number of words. Today, The AP Stylebook and American Heritage and Merriam-Webster’s dictionaries among others echo this spelling.

In British English, both spellings are used, though they have the same meaning. Judgment is used in official court documents while judgement prevails elsewhere, however.

A simple memory trick: “Add the e if in England” (which many Americans often incorrectly call the entire United Kingdom...but that’s another topic for later).

Professional Book Editor: Having your novel, short story or nonfiction manuscript proofread or edited before submitting it can prove invaluable. In an economic climate where you face heavy competition, your writing needs a second eye to give you the edge. I can provide that second eye.



Establish story’s central problem in opening lines

Almost all Bard_Generated_Imagestories force the main character to solve several problems. The issues of where to hide, of finding a way to send a message for help, of obtaining a weapon to defend oneself, all might appear within a single chapter of a novel or even a lone scene of a short story.

One core problem, though, sets into motion the need to address these other issues. For example, escaping a murderer might require the main character to hide, to seek help, and to defend herself. This core problem also is known as the central problem.

The central problem is the broad or central conflict that the main character must resolve before the story is over. In the above storyline, readers will be interested in the tale because they want to see if the main character escapes the would-be murderer. They won’t be satisfied with the story unless it ends with a solution to the problem. Typically, this means the main character must be victorious in the conflict.

The bulk of a plot focuses on the main character addressing a central problem. The story’s opening lines then must introduce this catalyst, as it is what gets the story going. Consider these opening lines from three different stories:

Captain Steve Haley gazed warily at the shard in his helmsman’s palm. Not much larger than a peppershaker, the thing tapered from a wide jagged edge to a dull point, reflected the ship’s lights with the sharp gleam of obsidian. “It’s safe to hold?”

Even before the sun rose, Evod and Nevar prepared themselves for the race. Silently, they inventoried supplies, examined their craft’s hull and unpacked Nevar’s ceremonial suit. Evod inspected each item with a drill instructor’s eye, discovering problems that really weren’t. As Nevar quietly assisted, her brother tapped here and there, scrutinized with the spectroscope, and fidgeted over adjustments. Then came the time for Nevar to don her suit. First the compuvisor went on, followed by the inertia damper ensemble with gloves and boots, each task done after a short chant as prescribed by tradition. Despite her magnificence in the resplendent suit, Nevar still felt like the adolescent girl the really was, not a daughter of the great pilot T’sohg.

Jalen skidded chin first into the ground and wincing, spit dirt from his mouth, then gazed up. Even at that moment with the machines upon him, he found the night sky beautiful and mysterious. The heavens grew inkier the higher one looked, as if space suddenly were denser there, and a streak of brilliant white light, the Saoirse Comet moving west, shined amid the stars. The fuzzy edges of the silhouetted corn leaves wavered above him, breaking his view of the firmament, and he resisted a tear. Everything stood between him and the stars.


Though never overtly stated, each of the stories has a definite central problem that demands resolution: What is the object in the helmsman’s hand?...Will Nevar win the race?...Will Jalen reach the stars?

Resolving the central problem becomes the plot goal, and the rest of the narrative arc then might unfold this way:
Rising action scene A – The antagonist comes closer to achieving his goal as a direct result of the main character’s failure to resolve the broad conflict.
Rising action scene B – The situation worsens for the main character, whose attempt to resolve the central problem only leaves the antagonist even more implacable.
Rising action scene A – The main character’s attempt to resolve the central problem at best only slows the antagonist, who now appears to be undefeatable.
Climax – The main character finds a way to defeat the antagonist, hence resolving the central problem.

Arguably, the central problem isn’t what a story ever is really about. It’s just a device to get the story going. After all, in many character-based stories, the story actually centers on an internal conflict within the main character that unless resolved will mean she can’t resolve the central problem. For example, if the main character is opposed to using violence as an ends to a means, her only alternative is to run from the murderer. That only buys her time. To resolve the central problem, her beliefs must change so she realizes that sometimes violence is necessary. Ultimately, she must decide to use a weapon to defend herself. For the reader, the most interesting aspect of this story is how the main character “evolves” or changes. Indeed, that’s true for the writer as well, as the message or theme of the story is that sometimes violence must be used to achieve peace.

Out-of-Whack Event
Usually the central problem in the opening lines involves some incident that upsets the status quo. In doing so, the main character faces the challenge of restoring order in the world.

This incident is known as an out-of-whack event, which is “when the story concerns a character whose stable life is knocked out of whack by an external event,” as the Science Fiction and Fantasy Writers of America, Inc., defines it.

Consider this example of a story opener that employs an out-of-whack event:

Peter Hanswurst sniffed indignantly. A gray circle of withered plants lay in the middle of his field, an otherwise perfect patch of green soybeans alternating with black dirt that ran into the horizon. The hot Midwestern sun beat down on him, and he wiped sweat from his forehead. Hanswurst figured the circle was no more six feet across, a miniscule fraction of the entire field, and one he decided that was small enough to eradicate.

In this story, farmer Peter Hanswurst finds his world out-of-whack: a strange circle of dead plants sits in the middle of his otherwise perfect field. He now will spend the story trying to rid the field of the circle – and face a number of obstacles in doing so.

Starting a story with an out-of-whack event is a time-honored tradition in Western storytelling. Indeed, Aristotle touted it.

Usually the out-of-whack event happens at the story’s beginning. Sometimes it even occurs before the story begins, as the tale starts with the main character already engaged in the struggle to get his life back in order. If the excerpt above started with Peter Hanswurst plowing under the dead plants in the gray circle, the out-of-whack event would have occurred before the story began.

If using an out-of-whack event, don’t wait too long to introduce the incident. If you do, you risk having the story move too slowly and missing out on a great opportunity for a narrative hook.

Professional Book Editor: Having your novel, short story or nonfiction manuscript proofread or edited before submitting it can prove invaluable. In an economic climate where you face heavy competition, your writing needs a second eye to give you the edge. I can provide that second eye.