I love it. When I did my initial research on self-publishing, I thought that I would have to shell out for a new copy of Word, or at the very least dig out my old copy. But once I carefully read the Smashwords Style Guide and used OpenOffice to implement the instructions successfully, I realized that I didn't need Word at all.
When I format The Cowboy Next Door, I'll be sure to do screenshots so I can share how to format in OpenOffice. It's so easy that I got it right in one try.
There is another free alternative out there called LibreOffice. I've read some good things about it but I haven't switched.
OpenOffice and LibreOffice are both Mac-compatible. I've never used them on a Mac, but I have a friend (and phenomenal beta reader) who has; she has never reported any problems.
Documents can be saved in Word's .doc and .docx formats and you can create HTML and XML files, which makes them easier to share. You can do almost everything in these programs that you can do in Word, they're free, they're easy to download, and they have tons of excellent reviews. If you're programming-inclined, you can even help to update it.
If you're wanting to self-publish with little-to-no startup cost and you don't have Word already, these programs are worth downloading and learning to use.
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