eLectio Publishing does not offer advances, as we will be providing editing, proofreading, design, and logistical services to accepted authors free of charge.
Author royalties are paid on a quarterly basis. We use various distributors for both eBook and Paperback works, and we divide the net profits of all retail and wholesale sales equitably with our authors. "Net profit" for eBooks is defined as follows:
NET PROFIT = (TOTAL SALES) - (VENDOR FEES) - (DISTRIBUTION FEES)
For paperback book sales, "net profit" is defined as follows:
NET PROFIT = (TOTAL SALES) - (VENDOR FEES) - (PRINTING COST) - (DISTRIBUTION FEES)