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In this video tutorial, Michael Walter from Carpet Expert Blueprint explains how to fill out a basic invoice for a service business. He suggests purchasing an affordable invoice book from retailers like Walmart or Amazon. Michael demonstrates filling out the invoice by entering the client's name and address on the left side, followed by his business details, including the name and phone number. He emphasizes that including an address for his business is optional, typically just listing the name, phone number, and the date of service. Finally, he advises writing a brief description of the work completed, using a specific example related to carpet services.