Track your time each step of the way – Time is money, so it's vital to keep track of it. It will also help you learn how long it will take to complete similar future projects. This will facilitate a better work schedule so you can tackle more jobs. Accurate time tracking will add more transparency to your billing and will help clients know what to expect when they need you to work on similar tasks later. Use time-tracking mobile apps so you can clock in and clock out right there on the job and not have to estimate your work hours once you're done.
While you can make up your own invoice or use a free template, it's often easier to use an invoicing system that offers more in depth features. Some invoice systems, like Harvest, offer the option to create estimates for big projects, keep track of multiple clients and send reminder emails when payments are late. Another option is Freshbooks, which offers similar features but includes profit and loss sheets, as well as trackers to help you manage your time. Both of these services can be used for free or upgraded for a small fee, and include lots of other cool features, like scanning receipts for work completed in the field.