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Just don't knock a nice deal, especially as a debut author. You're more likely to earn out sooner and start raking in that commission. The vast majority of debut novels sell for less than $50,000, with most going for under $25,000.
A common payout would be something like 25% upon contract signing; 25% upon manuscript delivery and acceptance (which means the book has gone through the editorial process and put into production); 25% upon publication; 25% a year after publication.
The path to publication generally requires authors to sign a ?publishing contract? that covers such topics as: manuscript delivery and acceptance, copyright ownership and grants; royalty advances, rates and payment; author warranties and indemnities; contract duration and rights reversion (out-of-print); options on new ...
The contract will also include basic things such as your word count (usually 85-100,000 words for commercial fiction), how many books the publisher is buying from you at this stage (usually one or two for a first deal), your delivery dates and planned publication dates, your responsibilities if there are any (such as ...
10 Steps to getting a publishing deal Write a stellar book. Research publishers. Create a platform. Get an agent. Draft your book proposal. Write a powerful query letter. Send the proposal to potential publishers. Prepare for rejection.