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Michael Walter from Carpet Expert Blueprint demonstrates how to fill out an invoice for service businesses. He recommends purchasing a basic invoice book from stores like Walmart or Amazon for under $10. Walter explains that the invoice should include the client's name and contact information, along with his company's details. He suggests using a simplified format, including the date and specifics of the service provided. Walter emphasizes the importance of having a clear record of the work done and highlights an example with a fictional client. Overall, the video provides a straightforward guide to creating a service invoice.