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FAQ: What is an advance and how does that work?

Postby Roger Brown » Fri Sep 28, 2007 9:29 pm

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FAQ: What is an advance and how does that work?

FAQ

Postby Roger Brown » Tue Oct 02, 2007 7:28 pm

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A advance is money given by some companies towards future sales of your product. If a company gives you a $5,000 advance and you are getting for example 5% royalties. You will not receive additional money until your 5% royalty payment exceeds $5,000.
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