It is often a relatively hard task to make a choice between traditional and sel-pulishing approaches. You will note that they both present lots of benefits to you. It is however necessary that you fully understand what is basically behind the distinction between these two. This will help you to make a more informed choice at the end of the day.
You will realize that traditional publishing will mostly take into account the submission of a proposal to a publishing house as soon as you are done with the manuscript. The editor will read it before deciding whether it is good for publication. Upon being found to be to be worth publishing, the house will have to buy the rights over the book from you. you will then receive advance payments on the royalties that are expected from the book. This house will take it upon itself to advertise, design, package and print the book in question. The process will take a different path especially if you choose to take the self-publishing approach. The author will in most cases be the publisher. You will be required to proofread the manuscript and pay for the publication. You will the one to be held responsible for the marketing of the book apart from its distribution. There is room for you to print this book based on its demand. This will guarantee that you will not waste a lot of resources at the end of the day. You will not have a stack of many unsold books at any time.
Let us now focus on the time taken. It will often take a long period of time for the manuscript to eventually be a book. You will first have to hype the manuscript before a number of publishing houses. This might take time before finally being accepted. A good number of publishing houses will take a period of about six months before finally submitting their response. It will then take an extra year for the book to be produced. On the contrary, you will hardly use lots of time when you go for self-publishing. It will take about six months for the book to be out. This will however be determined by the kind of publishing house that you will choose. You will also realize that self-publishing grants you more control over the content of the book.
On the money aspect, you will be needed to pay for the publication if you choose to self-publish. You will cough thousands of dollars. This is primarily for the resources that will be input in this whole process. You will however need not bear this cost anymore if your manuscript is accepted for traditional publishing. However, you need to note that you are not tied down to a particular approach.