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In this tutorial, Morgan from finepoints.biz discusses the importance of creating a contract of employment for your bookkeeping business. She emphasizes the need for organization and recommends creating an LLC and working as an independent contractor for clients. Having a contract or engagement letter outlining expectations for both parties is key for business control and diversification. Morgan offers tips and tricks to ease the process of creating a contract, acknowledging the intimidation that can come with legal documents. Subscribe to her channel for weekly bookkeeping videos.