Portland State University. Department of English
Publishers and publishing, Book industries and trade
Title profit and loss statements (P&Ls) in book publishing are valuable predictive tools for newly acquired titles. They inform the press on how money will be moving through the press in relation to the book’s production, revealing the book’s estimated value and level of profit. However, there is no industry-standard template. This lack of a template makes it difficult for new industry professionals to learn about P&Ls; prevents knowledge of one press’s P&L from being transferrable throughout the industry; and causes smaller presses to potentially neglect this useful tool due to the steep learning curve. The solution is to create an industry-standard P&L template that any press, especially small presses, can easily learn how to use. This template will teach presses and publishing professionals valuable skills that can be taken with them throughout the industry.
© 2023 Jackie Krantz
Krantz, Jackie, "An Industry-Standard Profit and Loss Statement for Book Publishing Professionals in the United States" (2023). Book Publishing Final Research Paper. 74.