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How to Start a Publishing Company

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In today's age, it is easier than ever to start your very own publishing company. Even more so, because of digital rights and self-publishing authors, it is even more important that you incorporate. Starting your own legitimate publishing business will help you protect yourself and your personal assets. It will help you in taxes and even help with sales by giving you and your books a new level of legitimacy. Therefore, on this video, I am going to take you through the process of starting your only Limited Liability Corporation, S-Corp, or any other type of company that you want to start. Looking over my shoulder, you will see how I create my own Publishing Corporations and ensure I have maximum protection in my publishing business affairs. Here are a couple of important links that I bring up in the video: http://bit.ly/Publishingcompany : Will take you to the site My New Company and allow you to create your own business now. If you would like more details about self-publishing and marketing your ebook, then check out http://Kindlepreneur.com. More importantly, if you want more information about setting up your company, then check out the original article which include more details about the companies, what states you should look at and many more options that are out there. http://kindlepreneur.com/how-to-start-a-publishing-company/ Stay frosty my friends.
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Text Comments (110)
MrParlophone (1 month ago)
This looks awesome. I am wondering tho, can non-US citizens start a company in the US in this way as well?
Kindlepreneur (1 month ago)
They can (but check with a lawyer who specializes in your country because some countries have some weird laws), but they'll need a bank account in the US.
George Davison (1 month ago)
I've have an LLC for my video business. Could I use that? And how do I register my songs through it? Thanks
Angelica Gutierrez (1 month ago)
Thank you for making this video! I really loved it! I want to start my own publishing company! I’m currently writing a book! :)
Angelica Gutierrez (1 month ago)
Kindlepreneur Thank you so much! :)
Kindlepreneur (1 month ago)
Awesome and thanks. Best of luck with that book!
Calvin Ross (1 month ago)
Great information thanks a lot. Check out the music videos on my page 🖤
shethewriter (2 months ago)
can't you write of expenses as a sole proprietor as well?
Rhea Cenizal (2 months ago)
I am Rhea from Philippines, I am accepting illustration projects. I have published works. artgenre.wordpress.com
EchoFlower Productions (3 months ago)
Noticed they don't seem to have the Virtual Office option anymore since they've changed the layout of the site. Any advice on that front?
Joseph Caldara (3 months ago)
Hey Dave, the buttons to access the free book on Kindle rankings isn't working for me. Do you have a link to this book?
Kindlepreneur (3 months ago)
it should be on hte VIP page which was in the first email sent. Was that not it?
Amy Pease (3 months ago)
Great video, thanks!
Kindlepreneur (3 months ago)
Thanks and glad to have helped!
D Forte (4 months ago)
Kindlepreneur...I'm in.
Dylan Rogers (4 months ago)
Dude, the opening is the same music for a phone sex line commercial on Comedy Central lmao
hello , can we publish an ebook on any celebrities facts for eg. 10 shocking facts about sanjay dutt ? is it legal or any risk of case?
CAPTAIN SPACE_MUFFIN (5 months ago)
Where in this video does it go into the specifics of a publishing company? Marketing, competition, your niche - where's all that info? It was almost entirely about setting up a corporation - that could've applied to any business.
Kindlepreneur (5 months ago)
Hi Captain Space Muffin (hehe), there are many facets to starting a business. This part is about the setting up of the legal entity. You can learn more about the marketing on my Youtube page, or my website Kindlepreneur.com.
Edna Emmanuel (6 months ago)
Hi Dave Great Video, please permit me to ask; did you use screenflow for this video? Charisa wants to know :)
Edna Emmanuel (6 months ago)
Kindlepreneur Thanks!
Kindlepreneur (6 months ago)
Yup
Odira Ononye (7 months ago)
learn from this and Alan Moores mistake
zag_led (7 months ago)
Awesome video! So glad I stumbled upon you. Looking forward to learning from you. Thank you for providing such great content.
Kindlepreneur (7 months ago)
Glad you like it and thanks!
Lisa G (7 months ago)
So this information is only for the USA? Love all your videos by the way and thinking of buying Rocket.
Kindlepreneur (7 months ago)
Yes, based on setting up a company in the US. And super glad you enjoy them :)
Awesome. Great Information. I Love It To Life Dave!.
Kindlepreneur (8 months ago)
Awesome and glad to help!
Christine C (8 months ago)
Does it apply for Dominican Republic? Need answers pleaseee
77onemanband II (10 months ago)
to confusing for me to understand.
Antonis Antoniou (10 months ago)
Hi Dave. I have been in publishing business as a hobby since last February. I outsource my books. My question is I live in Europe. So in this case how do I established a company? Your video applies from non us as well? Thank you
kamuastrology (7 months ago)
Hi Antonis, i am providing book typesetting services at low cost. Also first project free, i will charge from second project. if you want to establish your company, i can help you. email: [email protected]
Kindlepreneur (10 months ago)
That podcast episode will cover that..
Antonis Antoniou (10 months ago)
Kindlepreneur hi. Yes im a subscriber but I'm not an American citizen. So in this case what should I do?
Kindlepreneur (10 months ago)
I've actually got a podcast recording setup with my Business Lawyer and that will be the exact focus of the recording. So, if you're a subscriber, you'll be able to find out there. If you're an American, then the answer is yes for sure. I created my LLC from Sri Lanka. Hope that helps.
Sanja Sanjic (11 months ago)
This is just superb, I been tryin to find out about "self publish ebook online" for a while now, and I think this has helped. Have you heard people talk about - Quonor Publish Peneplanation - (search on google ) ? Ive heard some decent things about it and my brother in law got amazing results with it.
Foton Icon (11 months ago)
Very helpful!
Alexander Gapour (1 year ago)
I am here because I want to start a company of group writers and take credit for their work whilst paying them
Whori Grimes (9 months ago)
Ghost writers. I don't see anything wrong with that.
Alexander Gapour (11 months ago)
It's not like that I just want to start a company that writes books under one author name
Kyrst O'Keefe (1 year ago)
Alexander Gapour - So you wanted to be a shitty person while paying them so they can't do anything about it legally. :/
Monica Luve (1 year ago)
Does this work for people in Canada too? Pls answer thanks!
Shay Wisdom (26 days ago)
Have to agree with SmoothRide, tax information is different in the US, other than that, I am pretty sure they are the same.
SmoothRide (4 months ago)
Why would people in Canada want to pay US taxes if they don't have to?
Tyhler Novac (1 year ago)
I'd like to know how to get royalty money from my songs... Motown Breakdown and Closer in da club ... Combined views from both videos that were stolen from me are over 20 million views
christothegreat1 (10 months ago)
Tyhler Novac consult with an entertainment lawyer, or search youtube for keywords music copyright streaming publishing pro
Allacates (1 year ago)
I'll just create my own pictures
Foton Icon (11 months ago)
Same issues can be had from words and ideas, tho.
Bible Journey Book (1 year ago)
Great video! Questions: When I sign up on mynewcompany.com does it comes with everything I need legally such as 'registering my business name or DBA certificate, EIN, sales tax permit (if needed)? I also plan to publish paperbacks through Createspace. Will it come with a publishing account or will I have to go into each person's account with their personal log-ins?
lady E (6 months ago)
Bible Journey Book did you ever find out
RoccosPlace1 (1 year ago)
I worked for a consulting company that offered accounting and legal services, mostly to IT companies, and I can tell you that the one company structure I would never tell someone to DIY of even use an online service it would be an LLC. This is even more so for a single member LLC. The operating agreement for an LLC is very important, not wording it properly can cause tax and more importantly legal problems later on. LLC's are under attack in some States, just having an LLC can encourage a lawsuit in some cases. I can not tell you how many LLC's I have seen have their limited liability status stripped from them in a lawsuit because of a poorly written operating agreement, especially with single member LLC's. So, beware before you cheap out on an LLC, it could come back and bite you years down the line. As far as forming an LLC or Corporation in another State other than where you are operating the business there is no reason to do this other than hiding ownership, some States don't make the members (LLC) or Stockholders (Corporation) part of the public record. But a good lawyer can easily get around that. Wyoming has no sales tax, that only matters if you are selling something in Wyoming. If you do business in a State you don't have a corporation or LLC you have to register as a foreign LLC or Corporation (some State may use a different term) pay fees and get a sales tax number to collect sales tax (if that State has it). You also have to pay income and real estate taxes that imply. So, setting up in another State will save you nothing in taxes and fees, unless you do all your business online and never set foot in another State. And not haveing a real address in the State your business is registered in is yet another way you have your limited liability status stripped. It is so easy for someone to verify an address.
Wendy Owen (1 year ago)
Wish I could set up a company in the US. I'm in Australia
Nemanja Vidić (1 year ago)
How do you do this if youre non us resident? From Australia?
caribbeangirl (1 year ago)
Love this video. Will be checking kindlepreneur.com because my niece and nephew are 8 and 9 and they are authors so I'm going to help them start their own publishing company.
Betty Mokua (1 year ago)
Will this help me or apply in South Africa?
Brittany Moore (1 year ago)
love this, thank you! Subscribed.
Kindlepreneur (1 year ago)
Awesome and glad it helped!
Raman Shahi (1 year ago)
I opened up an LLC using your tutorial in Wyoming, i stay in CA. Whats my best and easiest option to open up a bank account in Wyoming now ? thanks
Michael Ferrante (1 year ago)
Hello David, Me and a few friends are starting a publishing company and one of our hardest decisions is coming up with the right name and i was wondering if you had any advise?
Shay Wisdom (26 days ago)
Me and some of my friends are hoping to do the same thing! I say just look up company name ideas. It’s been a year, so I’m guessing that you have already found something on how to do this, but here’s some ideas: Go to random word generator, heres a link: http://www.randomwordgenerator.com/ You should probably stick to just two words, and make sure they have less than 4 syllables each, and see what you find! (I hit the generate button and got Pen Exchange, for instance.) God Bless, have a good day!
Ketan Bawane (1 year ago)
hey I am lawyer.how can i help u
Market Mastermind (1 year ago)
Kbookpromotions really does it for me. You can use it to swap reviews, find niches, keywords and the right categories to help rank your books better in the Amazon search results. Also has a rank tracker which allows you to track other peoples books as well as your own. There's also heaps of marketing features such as the automatic book submission tool which allows you to post your book to over 30 free promotion websites at the click of a button as well as the twitter and facebook posting tool.. Saves tons of money on VA's and time in the long run. If you are looking for something to fully automate and market your book, Kbookpromotions is definitely worth the money. Here's the link: https://goo.gl/vAOsXG ( They also have a 14 day trial for only $1.00. If you don't like it, just cancel it.. There's nothing to lose, all to gain :) Also, in case anyone is skeptical.. there's a group of 1200 people using this software who all swap fourth ideas and help each other out. So not only is the support amazing, but they also have a great community to back it up! If you have any questions, just chuck me a reply on this comment and I'll happily answer them :) Check out KBookPromotions here: https://goo.gl/vAOsXG ( 14 day trial for $1.00 )
belltower2012 (1 year ago)
Great video! Thanks.
Carmen Rejas (2 years ago)
Thank your for your video. Much helpful!
Jennifer Harris (2 years ago)
Awesome! Thank you!
yd dd (2 years ago)
Doe's this structure apply to US only as I am from the UK?
Kindlepreneur (2 years ago)
I based my research on US corporation creation. So I can't say whether or not it's useful for UK.
Taniel (2 years ago)
Hi, were you able to open your own business bank account by going through this website? I'm assuming you were able to after you got your publishing company documents etc.
Harib S.H. (1 year ago)
These are the ones that are only looking for ways to get bank accounts and not for the purpose of book publishing. yakh!
Kindlepreneur (2 years ago)
Hi, I had enough paperwork and information that was generated by that website so as to go into the bank and setup a business bank account. But that website won't setup a business bank account for you. Let me know if that answered your question.
Bruno Bernard (2 years ago)
Its a great idea to publish other people's books as well as your own. Thank you
Lisa G (7 months ago)
If I'm an American citizen whose lived abroad ALL my life pretty much having been brought to another country could I set it up in whatever state like that? I have a SSN my mother got me as a teen. I've asked two lawyers and the US embassy here and everybody just says "I don't know."
Kindlepreneur (2 years ago)
As in to make a contract with an author and publish their books under your LLC? Well, that is what publishing companies do. But you need to make sure that the book you're going to publish is one that has a unique attribute to it that you know you can market, or the author has a fan base that will ensure book sales - but let's face it, that last one will be rare to find as a new publisher with no big name previous success. So, it comes down to "can you market that book and turn a profit." If the answer is yes, then you're in.
Do you have information on how to self-publish your own music?
Ok, thank u sir. Many blessings!
Kindlepreneur (2 years ago)
Not specifically for music, but the business discussion on setting up LLCs and how to ensure you're a legitimate business is all in the video and article
Do you have information on how to self publisher own music?
Kindlepreneur (2 years ago)
See above ;)
Amial2011 (2 years ago)
hi everyone ,if anyone else needs to find out about make money writing try Zamartar Kindle Cash Remedy (do a google search ) ? Ive heard some incredible things about it and my partner got excellent results with it.
Trisha Hilborn (2 years ago)
I think when it says "select a state" it's not meaning that you get to choose. It means that you select the state in which you reside/where your company actually is.
Kindlepreneur (2 years ago)
+Trisha Hilborn actually that depends. Certain states in that list are ones that you can setup a "Virtual Office" for. When you do this, they will give you a place "place" in a physical office and allow you to use that as the place of business in that state...meaning your LLC can be legally setup in that state. That service will then forward your mail to you, and all is good ;) I don't live in Wyoming, but my office is setup in Wyoming and therefore my LLC was legally able to be setup in Wyoming, which has very beneficial tax benefits.
Ginger Tansil (2 years ago)
My sister passed only after starting a publishing co and publishing 5 or 6 books for others and was in the middle of putting together a deal to publish yet another... she included me in her comp before she passed, these ppl want me to publish their book. May I use my sister's ISBN number? I don't wanna assume her debts, the business has the family name. What do you think? By the way, your video was really informative!
Dor fuller (2 years ago)
Sorry, my condolences, happy to are carrying on her wishes. I'm praying for your successful like your sister. PEACE & ALWAYS LOVE TILL-TIME INDEFINITE FOREVER WHERE WE WILL SEE OUR LOVED ONES AGAIN ♡♡♡♡♡♡♡......
727 (2 years ago)
sorry bout you sister
carlitos vodka (2 years ago)
This is not applicable for all countries. how do you decide which country you register an entity with?
Jasmine McAfee (2 years ago)
I'm hoping to start my own publishing company and this video helped alt. thanks! but I have a question, I'm looking to do ebooks but also print the books. Do you know a good printing company and what steps to take with that?
Jasmine McAfee (2 years ago)
+Kindlepreneur Thank you! I do have another question. If you use CreateSpace to publish your books why start a company too? I am really looking into starting a independent publishing company but CreateSpace keeps coming up and deterring me away.
Kindlepreneur (2 years ago)
+Jasmine McAfee I use Createspace...it's owned by Amazon so its a print on demand. If someone buys the print book on Amazon, then Amazon will print the book and ship it to the person and send you the money..pretty easy for us. I just wrote an article that details the different between CreateSpace and another Print on Demand company called IngramSparks: http://kindlepreneur.com/ingramspark-vs-createspace-best-print-on-demand-services/
5 Acres OffGrid (2 years ago)
Hi, I am a self-publishing coach, I not only publish my own (about 34 books) But I publish for others on Amazon and Kindle. What would be the benefit for me to become a publishing company?thanks
Kindlepreneur (2 years ago)
+5 Acres OffGrid The beneift would be liability coverage and taxes (if the amount of income from your books combined with your personal income would place you in a new tax bracket).
Your eBook Solutions (2 years ago)
Solid advice. You'll help a lot of people with this information.
Kindlepreneur (2 years ago)
+Your eBook Solutions Thanks!
melissa Imoudrg (2 years ago)
Great video. Getting my LLC this next week and meeting with my SBA as well.
Kindlepreneur (2 years ago)
+melissa Imoudrg http://kindlepreneur.com/contact-me/
melissa Imoudrg (2 years ago)
I have some follow up questions pertaining to starting my publishing company on line.  where can I pm you?  Thank you.
Kindlepreneur (2 years ago)
+melissa Imoudrg Awesome Melissa...and both are good calls!
Brandon Kaminsky (2 years ago)
very helpful, thank you
Kindlepreneur (2 years ago)
+Brandon Kaminsky No problem!
freedthekreed (2 years ago)
Awesome. I'm illustrating a book and want to make a legitimate setup ...thanks for this!
kumar sasi (1 year ago)
here's several things for making money online Find a person who is already successful and become their student Buy a simple course and follow it. (I read these and why they work on Mackynzie magic method site )
The Denmeister (2 years ago)
My plan is to release EBooks of old and rare movie novelizations. like Halloween, Friday the 13th, Robocop, Back to the Future, etc.
Kindlepreneur (2 years ago)
+DenMon 2019 Bingo
The Denmeister (2 years ago)
+roscoegino Unless I get distribution rights
Sky Blylevin (2 years ago)
Rights would be pricey, no?
Ekaterina Chernova (2 years ago)
Didnt know you live in Sri Lanka :) We've lived in Vietnam. Love the freedom of e-publishing. Great blog and videos. Thank you for sharing!
Kindlepreneur (2 years ago)
+Ekaterina Chernova (LongaBrevis) Thanks Ekaterina! Yup, and very cool!
thomas daniels (3 years ago)
I want to start here in japan, any tips? I have a site and some ebooks.
Kindlepreneur (2 years ago)
+thomas daniels You can. Just make sure you know how to market it BEFORE you start writing it. Most people make the mistake of writing it and then after finishing it, they try to figure out how to sell it.

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