Although I've found that for this to be effective, you also need to be able to cease work which means you need a sufficiently large financial cushion.
A long time ago, when I contracted, I was essentially living month to month. I invoiced frequently but clients would often pay up in a painfully slow manner. But I had no real leverage because I was unable to cease work.
Kudos to contractors who achieve what I wasn't quite able to.
Although I've found that for this to be effective, you also need to be able to cease work which means you need a sufficiently large financial cushion.
A long time ago, when I contracted, I was essentially living month to month. I invoiced frequently but clients would often pay up in a painfully slow manner. But I had no real leverage because I was unable to cease work.
Kudos to contractors who achieve what I wasn't quite able to.