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In this tutorial, Erin and Emily from E-Squared Photography aim to simplify the complexities of managing invoices and contracts for new photographers. They promise viewers that by the end of the video, they will have a clearer understanding of these business essentials and how to communicate them to clients effectively. They emphasize the importance of separating personal and business finances by opening dedicated checking and savings accounts for all business transactions, making it easier to manage finances and streamline business operations. Viewers are encouraged to subscribe for more photography tips and tricks.