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Accurate billing is extremely important when it comes to independent contractors and small business owners. You can't afford to lose a customer over something that should be done right the first time. Business owners who provide detailed, prompt invoices straight to the customer's inbox come out way ahead in the credibility stakes.

Next, you need to specify your payment options — whether you prefer to be paid with cash, a check, a credit card or a service like PayPal. Some companies will offer direct deposit, if you do regular work for them, but more than likely you'll have to send an invoice to request payment every time you complete a project.

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