What I write:
- Flash fiction on my blog (supposedly every Friday)
- Short stories - both for submission to competitions and for release as singles
- Novels - I mainly write fantasy. The WIP I am actively working on now is the sequel to my novella, Coexist, whilst the other WIPs on the backburner are mainly fantasy novels, some of which are attempting to be epic.
My home on the web is http://www.annatsp.com and I blog (and review books) over at http://blog.annatsp.com
Getting a novel funded (at whichever level) means that I don't have to actively seek out editing clients (though that's fun too) and can concentrate on writing and polishing my original fiction. It also means that the funded novel will get into readers' hands much faster.
Where your money goes, in order of priority:
1. Creating cool covers: This is the absolute minimum I need to spend as I have the artistic skills of a two-year-old. Maybe worse. A fair price to commission cover art is somewhere between $150 - $300.
2. Epic Editing: Every work deserves to be as polished as possible. Sure, I can save costs by self-editing since I do edit for other people. However, it's very hard to catch my own mistakes. Sometimes, I'm too close to my work to be able to tear it apart. Editing a full-length novel could cost anything between $750 - $2,000, depending on the level of detail and type of editing (i.e. developmental, line-by-line, copy edits, proofreading)
3. Printing: Whilst online publishing is free, getting books into the hands of my main target market usually involves printing actual copies. At current estimate, this is around $1,000 upfront.