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In this video, Andy Mack from the Small Business Toolbox discusses essential business practices for new entrepreneurs. After registering for self-employment in the UK and setting up a business bank account, the focus shifts to generating your first invoice. Andy explains what an invoice is and outlines key elements that should be included. He also provides examples of different invoices and shares a favorite invoice numbering system to help simplify the invoicing process. The tutorial aims to equip viewers with practical knowledge that is often overlooked in traditional education.