By the way, folks: Just for the heck of it I took a stroll down memory lane through this entire thread (gosh -- it was hard going at times, eh?).
The first post was made at the end of August 2004. That's six years and a half ago. So I guess our very existence today answers some early predictions that we couldn't possibly last on the business model we were operating.
And the huge majority of authors who were with us then are still will us today (as are most titles), providing beautiful new raw material over and again.
Things are moving well -- and still not a suggestion of an unhappy author or reader. We're still standin' after all this time, and everyone seems more than content.
In the past month, we have released six exclusive new titles (in edit for an average of nine months each), which is a huge increase over our earlier schedules that ran to ten or a dozen releases per year. And the editorial team has only been increased by one -- more work, but the same individual attention to each ms. Nothing goes off half-cocked.
We're still working strictly PoD in print editions (and paperback sales grow by the year even on that per-item-expensive production method), but what's really delighted us has been an explosion in ebook sales.
We set up for ebook right from kick-off because we had a strong feeling that there was a shining future there, but this year we've put in a lot of technical and editorial time into carefully preparing titles to a range of digital formats that cover the entire range of digital deading platforms.
We gained additional registration as BeWrite Books LLC in the USA in September so that we can deal direct with the major ebook stores (they disqualify publishers without an 'official' US presence; we're registered in Canada and, previously, UK) and can now offer our own carefully in-house-prepared files rather than accept sub-standard auto-formatting through a convenient US-based aggregator. The result is pleasantly surprising, to say the least.
Author royalties cheques are now what you might consider significant.
We've also secured a sound Chinese agent and have moved half a dozen titles for translation and mass-run print to major publishers behind the Great Wall over the past few months (our authors have already seen advances reflected in their last royalties cheques). More are in the pipeline. We've also secured a Latin American agent moving similar deals.
The workload is 16x7-heavy on the small full-time BB team, but -- even though we still can't afford in-house salaries for ourselves -- we're really steaming ahead. We can afford the expensive equipment we need, the software (don't ask), all kinds of unwritten benefits to authors, retained pro accountant and lawyer, the promo, etc, etc, etc -- you name it.
Ten years' hard slog is now paying off. Had it happened more quickly, I think we'd all feel slightly unformfortable. I prefer to see hard work and good intent rewarded through backbreaking spadework rather than it being the instant result of good luck, crafty business footwork or venture capital.
Thanksgiving tomorrow for y'all on the other shore of the Shining Big Sea Water, eh? Have a great time -- and love to all you have gather around your dinner table.
If you'd like to see an example of an ebook version of a BB title or two (or three), just email me, and I'll send the files over by way of thanks for all the help we've been given here since 2004. It's ntmarrATbewrite.net (use the @ sign, of course).
What a wonderful ride this is turning out to be. Thanks chaps and chappesses. Best wishes. Neil