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In this episode of "All Up In Your Business," attorney Aiden Kramer discusses independent contractor agreements, highlighting that an independent contractor is anyone providing services to a business without being an employee. He emphasizes the importance of having a written agreement to outline the relationship between the business and the contractor. Key components that should be included in the agreement involve clearly defining the services the contractor will perform and the payment terms. This clarity helps protect both parties and ensures mutual understanding regarding the services rendered and compensation.