Self publishing has its advantages over being published by a publishing house, but also its disadvantages, let's be honest! But if you want to have the advantages of the famous authors with their publihing contracts, first you have to get the publisher to read it and accept it. This doesn't happen in more than 90% of cases.
So here is a summary of some of the advantages and disadvantages:
| | Self publishing | Publishing company |
Advantages | - You take all the profits from book sales
- You own the rights to your work
- You set the book price and the number of copies
- You get it published!
| - The publisher pays you a royalty
- The publisher provides a copy editor and all other services
- The publisher will design a suitable cover
- The publisher carries all costs
|
| Disadvantages | - You need to get it edited, set and proofread
- You need to design your own cover (or get it designed)
- You pay all the costs
| - The publisher pays you a royalty
- The publisher often owns the rights
- The publisher controls everything
- The publisher will more than likely reject it
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