Invoicing once monthly is the invoicing method I used early on in my career. Sending one invoice per month had absolutely disastrous results. I was waiting for weeks to get paid in one lump sum by clients. I had to be meticulous with business expenses and personal expenses to make sure I didn’t run out of money throughout the month before I got paid again.
The Benefits of Increasing Your Invoice Frequency
Invoicing more than once per month changed my life for the better. Suddenly, I had more cash flow throughout the month to invest in my business and to give myself a nicer paycheck. I’ll never go back to billing monthly and I always suggest that freelancers and online business owners take a look at their invoicing strategy for these reasons.
