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In this video tutorial, Erin and Emily from E-Squared Photography aim to simplify the complexities of contracts and invoices for new photography business owners. They will guide viewers on effectively managing these business elements so that they can focus on their craft. The hosts encourage viewers to stay until the end for a special offering. They emphasize the importance of separating personal and business finances by opening dedicated checking and savings accounts for business transactions. Additionally, they invite viewers to subscribe for more photography tips and tricks and to receive notifications for future videos.