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In this YouTube video tutorial, Morgan from finepoints.biz discusses the importance of creating a contract of employment for your bookkeeping business. She emphasizes the benefits of working as an independent contractor and suggests creating an LLC for diversification and business control. Morgan recommends having a contract or engagement letter to outline expectations for both you and your clients. She acknowledges that this process may seem intimidating and offers tips, tricks, and thoughts on how to create a contract. However, she does not provide her own contract in the video. Don't forget to subscribe to her channel for weekly bookkeeping videos.