About Indie author sole proprietorship company owner title
As a sole proprietor, you can choose any title, but “Owner” or “Proprietor” are most commonly used.
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6 FAQs about [Indie author sole proprietorship company owner title]
What is the difference between an indie author and a publishing company?
It’s difficult for bookstores and libraries to tell the difference between an indie author with a publishing company name (not linked to the indie author) and a small publishing company. If you are an indie author, I recommend having an LLC for your publishing company. Instead of being “John Smith, LLC,” you want to be “ACME Publishing, LLC.”
Should you start an LLC if you're an indie author?
Having an LLC can boost your credibility in the eyes of readers and institutions. It’s difficult for bookstores and libraries to tell the difference between an indie author with a publishing company name (not linked to the indie author) and a small publishing company.
Should an indie author become a limited liability company?
An indie author can consider becoming a limited liability company (LLC) or Subchapter S corporation (S corp) for distinct tax benefits. However, it's important to weigh the added costs and potential inconvenience. By considering a few key points, an indie author can determine the right option.
What are the different types of business entities for self-published authors?
Self-published authors can consider three main types of business entities: Sole proprietorship: The simplest option, which involves no paperwork, corporate charters, filings, or filing fees.
Is an S corporation a good option for an indie author?
An S corporation can be a good tax option for an indie author due to its ability to minimize the Medicare tax. This is particularly relevant considering the Medicare tax increase in recent years under the Affordable Care Act.
Are indie authors proud to be published?
That said, many of the more militant indie authors are proud to be indie published, and they display that fact in their company name. John Locke Books, LLC or Susan May Warren Fiction are good examples. They are not hiding the fact that they’re independently published, and they’re very successful.
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