Sounding Board Launched!

We can all benefit from a little help sometimes, especially when it comes to getting feedback on our work before we submit it to publishers or self-publish.

Sounding Board is designed to provide just such help. You can upload one or more chapters or the entire book, you can even upload a story concept to get valuable feedback and reviews. Readers are asked to give honest, constructive praise or criticism that you can take on board or ignore but given that it may just make the difference between  rejection and success, it would be prudent to carefully consider their feedback.

Manuscripts are described to our readeers as unedited, there are no expectations that they will be free of typos and we explain that the editing process is intended to take place after their feedback is given. There are no charges to you or the readers for this service and any positive comments can be used in subsequent promotional material if you wish.

Your manuscript should be submitted as a PDF file to Sounding Board here.

Open for submissions!

Acclaimed Books is once again open for submissions from aspiring authors who need a publisher. We are open to most genres and offer our unique shared risk, shared reward publishing model. If you would like to find out more, or know an author with a great story waiting to be told, click on the following link: Authors

Forums Consolidated

We are in the process of migrating all literary professionals into a single forum shared with our authors. Registration will be by invitation only and the unused forum will be mothballed as an archive.

This will shorten our lines of communication and make cooperation easier between all our professionals.

The international directory will continue unchanged and those professionals who wish to retain a simple listing, without joining our shared risk, shared reward team, may continue to do so. New entries to the directory will also continue without change.

Process Improvements as Submissions Increase

Following feedback from authors and professional agents, a few changes have been made to simplify the way the Network and our Shared Risk, Shared Royalty (SRSR) publishing service operates.

First we’ve automated both the Author and Agent Agreements, using the latest Adobe technology. This means that, instead of having to print, sign, scan, and send Agreements in separate steps, the whole thing can now be done at the same time. Security is also improved, as the Agreements are signed digitally and encrypted before being sent. Not only will the process be easier, but it will be considerably faster, too. The necessary Adobe Reader software is provided free of charge, and full details on how to use it are included in both the Author and Agent sections of the website.

We’ve also taken some of the options out of the decision-making process to make it simpler. Instead of needing to bid to work on each submission, default royalty shares and performance targets are provided on the standard Agreements. This doesn’t mean the choices have been removed. The same flexibility as before remains to negotiate on a case-by-case basis, but, as most projects will be the same, we’re entering the defaults and only dealing only with exceptions if and when they arise.

Behind the scenes, the accounting processes have been updated to provide faster and easier royalty calculations and payments to a higher number of authors and agents. This benefit may never be noticed by anyone other than me, but, without the improvements, the system would have strained further down the line.

You may also have noticed some changes to the website! The redesign is not quite finished, but it’s getting close and will soon result in better integration between the Acclaimed Books, Book Awards, and Author Services Network sites.

There has been a steady flow of submissions, and we are fortunate to have a growing number of professional Agents working with our SRSR publishing model. This pioneering initiative is off to a great start!

Still to come are improvements to the monthly reports and further automation, this time in the book promotion processes.

I hope you’ll agree that the past three months have seen pretty good progress!

Pete

Shared Risk, Shared Reward Publishing

At Acclaimed Books Limited, a team has been formed to share the risk of getting books to market and promoting them. This exciting new business model brings together authors who may not have, or want, traditional publishing contracts, with all of the skilled professionals required for publishing success.

The book royalties are divided amongst the team of professionals who contribute, and the division is determined by the confidence each member has in the book’s potential for commercial success. Each member of the team can veto their involvement in a given title if they lack faith in it, have other commitments or object to the book for any reason.

For example, let’s say a brand new author with a title deemed to be good enough to take on is put forward. It may be the commercial potential is difficult to assess and to mitigate against the risk of low returns, the team might say ‘OK, but we want a bigger royalty share’. Let’s also say it’s a long book in need of substantial editing, the editor might say ‘OK, but only for a slightly bigger percentage’. The book promoter might also have to invest more time to ensure sales volumes meet expectations. As the professionals ‘bid’ for the share of the royalties at which they are content to be included, there will always be a reasonable level of confidence if a title is accepted. The share of royalties may also vary each year to allow the professionals to recoup their investment of time earlier and to increase the author’s share if the first year is quite low.

Year one might look something like this for a title that is difficult to assess:

On the other hand, let’s say a title is put forward from an author with a good track record in sales on other titles and with little need for attention, the team might say, ‘OK, this is low risk and not much work, I’ll do it for lower cut’.

The division of rewards might then look like this:

 

 

 

 

 

 

These are simply examples, each title will be different as there are many factors to consider.

In addition to the author’s creative ability, the professional skills required for each book, are listed below and all are required before a title will get the ‘green light’. Provided they have the skills, a professional may fulfil more than one role, and the final team selection (as well as the decision whether or not to accept the publishing contract) will be left to the author.

Content Editor
Technical Editor
Proofreader
Cover designer
Publisher
Promoter

Acclaimed Books Limited will publish the books (including full project management) and distribute them exclusively on the worldwide Amazon sites in Kindle and paperback formats. There will be an initial contract term of three years and this will be exclusive. However, minimum performance targets will be included, below which the author may terminate the contract after six months. Each month Acclaimed Books Limited will pay the authors and professionals according to the agreed splits at the onset of the publishing contract.

From an emerging author’s perspective, they may be giving up a larger share of their royalties but in return they are getting a more professional product with a significantly greater chance of success. Few authors have the expertise to fulfil all of the roles required and we have removed the stumbling block of up-front fees. Participation is agreed on a title by title basis.

Professionals with the above skills who are interested in joining the team and authors wishing to make a submission, should contact me at the following email address: pete@acclaimedbooks.com

 

The Book Awards

The Book Awards is opening its doors to all professionals in the publishing industry!

For several years The Book Awards (www.thebookawards.com) has recognised authors with both monthly and annual awards voted for by fans. For the first time, the awards are now being extended to others in the industry.

An annual award will be granted to editors, copywriters, cover designers, reviewers, in fact any professional who provides a valuable service to the publishing industry. This may be an individual, partnership or company.

The process will mirror the existing awards, with nominations and voting open to anyone at no charge. Winners will be publicised on the site, which currently attracts thousands of visitors from all over the world. Of particular interest to service professionals will be the large number of indie and self publishing authors visiting the site. Watch out for the changes coming to this site soon with nomination and voting pages.

The Author Services Network will also commence listing other professionals and links to this site will be displayed at The Book Awards.

Over the coming months a new website is being developed to reflect the synergy between Acclaimed Books Ltd, The Author Services Network, and The Book Awards.

Watch this space!

Concentrate on creativity

The most creative writers are seldom the most grammatically accurate.

Even those who do possess the necessary skills often miss errors in their own work.

The Author Services Network is available to help you focus your attention on creating superb content. There are approximately 100 experts, many of whom are accredited by the network, based all around the world.

Whether you wish to engage an individual editor for the entire manuscript or utilise the innovative ‘crowd sourced’ proofreading service, the network is ready to assist. To locate your nearest expert, click the ‘Search for Professionals’ tab above.

A Fresh Approach to a Frustrating Dilemma

You have devoted many hours to your manuscript and you are desperate to see positive reviews when it is published.

Whilst your creative talents aren’t concerning you, you know there will be errors in your work. Even best sellers often have them. But you can’t be sure of how many there will be. A few and you’ll probably be forgiven, a raft and the reviewers will pour cold water all over your attempts to find customers.

The dilemma?

Where can you find a reliable editing or proofreading service that won’t break the bank?

Fortunately, you’ve found it.

www.authorservicesnetwork.com