When a book publisher offers a book deal to a new author, the contract will talk about ‘advances’ and ‘royalties’. These can be a little confusing to new authors, though a little bit of knowledge will go a long way to helping you fully understand what you are being offered.

In this article, you will learn about royalties and advances, you will discover what is usual for a book publisher to offer and you will find out how the publishing world is changing the way it provides advances and royalties.