Official Website
Square Invoices is a freemium invoicing tool that helps you send invoices, accept payments, and track paid/unpaid status.
π Visit Official Website β Square Invoices
Domain: squareup.com
What This Website Is
Square Invoices is a freemium invoicing tool that helps you send invoices, accept payments, and track paid/unpaid status. For the πΌ Consulting side hustle, it can be used to standardize billing and improve cash flow.
How to Apply It to πΌ Consulting
Use Square Invoices to make billing consistent: proposal β invoice β payment β follow-up.
Step-by-Step Implementation:
- Phase 1: Create invoice templates for your common services (project, retainer, hourly).
- Phase 2: Set payment terms and deposit requirements.
- Phase 3: Automate reminders and track outstanding invoices weekly.
Common Use Cases for this Side Hustle:
- Scenario A: If clients pay late, use reminders and clear terms.
- Scenario B: If you want deposits, invoice 50% up front.
- Scenario C: If you want professional packaging, standardize invoices and receipts.
When to Use This
- You need a simple invoicing workflow.
- You want to accept card payments easily.
- You want to track unpaid invoices.
- You want professional receipts for clients.
Best Tasks to Use It For
- Sending invoices
- Collecting deposits
- Payment links and reminders
- Tracking paid/unpaid status
- Generating receipts
Getting Started Steps
- Create a Square account.
- Set up your business details and payment methods.
- Build invoice templates for your services.
- Send your first invoice with clear terms.
- Enable reminders for unpaid invoices.
- Track receivables weekly.
- Export records for taxes/bookkeeping.
Good Beginner Search Terms
- Square invoices tutorial
- consulting invoice template
- how to require deposits
- payment terms net 7 net 14
- invoice follow up email
- improve cash flow freelancing
Monetization Angle
Better invoicing improves cash flow and reduces time chasing paymentsβso you can focus on higher-value work.
Pros
- Easy invoicing and payment collection
- Professional receipts
- Freemium entry point
Cons
- Payment processing fees
- Limited customization vs full accounting tools
- Not full bookkeeping by itself
Who Should Use This
Consultants who want a simple, professional invoicing and payment workflow.
Who Should Skip This
Skip this if you need advanced accounting, inventory, or complex billing workflows.
Practical Applications
- Prepare an invoice with an accurate consulting deliverable and an agreed due date.
- Track payment status and follow up using the terms agreed with the client.
- Match payment records with project milestones and your bookkeeping records.
Important Considerations
- Check current processing fees, eligibility, payout timing, and the features available in your region.
- An invoice does not replace an agreed consulting scope, suitable contract terms, or tax records. Handle billing information securely and plan for refunds, disputes, and late payments.
Related Resources
PayPal Business β gives consulting clients a familiar way to pay invoices or deposits
Wave β simpler invoicing/accounting option for tracking payments and income
Bonsai β adds proposals, contracts, and client workflow tools around consulting engagements
Quickbooks β supports more robust bookkeeping as consulting income and expenses grow
Related Side Hustles
Virtual Assistance β both often use retainers; invoices + payment links keep billing clean
Freelance Writing: Get Paid to Write Online β simple invoicing improves cash flow and reduces admin overhead for writing clients
Copyediting & Proofreading: Get Paid to Polish Words β package edits as projects/retainers and invoice consistently