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In this video, Morgan from FinePoints.biz discusses how to create an employment contract for a bookkeeping business, addressing a frequently requested topic. She emphasizes the importance of getting organized and suggests setting up an LLC to operate as an independent contractor for various clients, which helps in diversifying and maintaining control over the business. Morgan highlights the significance of having a contract or engagement letter to clarify expectations between the client and the contractor. Acknowledging that legal documents can be intimidating, she promises to share valuable tips and insights throughout the video while refraining from providing her specific contract template.