Joel's Friday Pro Tip

Mastering periodic payments on longer term projects:

Ok:

36 payments of $10,000, invoiced monthly starting January 2022 through December 2025.

Better:

36 payments of $10,000, invoiced at the beginning of each month, starting January 2022 through December 2024.

Excellent:

12 payments of $30,000, due at the beginning of each calendar quarter, starting January 2022 through December 2024.

Mastery:

Invoicing those quarterly payments ~30 days prior to the beginning of each quarter, so that payment is actually received by the day the contract says it is due.