How Much Does It Cost To Become An Author? (In 2023)
Wondering how much it costs to start an author?
- The minimum startup costs for an author: $12
- The maximum startup costs for an author: $11,659
- The average startup costs for an author: $5,911
Here's a detailed list of an author startup costs:
Learn more about starting an author:
Where to start?
-> Author plan
-> How to finance an author?
-> Pros and cons of an author
-> How to get clients for an author?
Need inspiration?
-> Other author success stories
-> Examples of established author
-> Marketing ideas for an author
-> Author slogans
-> Author names
-> Author Instagram bios
-> Author Instagram captions
Other resources
-> Profitability of an author
-> Author tips
-> Author hashtags
Software Expenses
Your author needs software to run efficiently!
Why spend money on software? Because it can help you save time and automate certain parts of the business, so you can focus on the most important matters. Software and technology can help you grow your business, and save you from expensive personnel costs.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Project Management Software | Recommended | $0 | $25 |
Email marketing tool | Recommended | $0 | $100 |
Accounting & Invoicing Software | Recommended | $0 | $50 |
Internal Communication Tool | Recommended | $0 | $20 |
File Hosting Service | Recommended | $0 | $299 |
Design Programs & Software | Optional | $0 | $50 |
Social Media Management Tools | Optional | $0 | $50 |
Office Space Expenses
It will be your call to determine if you need office space. It is not a requirement but may be necessary as your author grows.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Rent ➜ | Optional | $0 | $5,750 |
Utility Costs For Office Space ➜ | Optional | $0 | $1,150 |
WiFi & Internet ➜ | Optional | $0 | $100 |
Training & Education Expenses
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Online Learning Sites | Optional | $0 | $1,000 |
Advertising & Marketing Costs
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Business Cards ➜ | Optional | $0 | $50 |
Customer Research & Surveys | Optional | $0 | $300 |
Networking Membership Fees | Optional | $0 | $250 |
Affiliate Marketing Commission & Fees | Optional | $0 | $250 |
Influencer Marketing | Optional | $0 | $750 |
Press | Optional | $0 | $500 |
Google Ads | Optional | $0 | $300 |
Facebook & Instagram Ads | Optional | $0 | $350 |
Website Costs
Every business should have a website, and it's worth spending a bit of money to set it up right.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Domain Name ➜ | Required | $12 | $200 |
Business Email Hosting Service ➜ | Recommended | $1 | $15 |
Specific Industry Expenses
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Ticketing Platform Fees | Optional | $0 | $100 |
Hey! 👋 I'm Pat Walls, the founder of Starter Story.
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