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In this video, Morgan from finepoints.biz discusses how to create a contract of employment for a bookkeeping business, emphasizing the importance of organization and clarity in agreements with clients. She recommends establishing an LLC and working as an independent contractor to diversify opportunities and maintain control over your business. Morgan acknowledges that creating a contract, often referred to as an engagement letter, can feel intimidating due to its legal nature. However, she is committed to sharing her tips and insights to simplify the process, although she will not provide her own contract as an example. Subscribers can expect new bookkeeping videos weekly.