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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses the importance of having independent contractor agreements for businesses. He defines an independent contractor as someone who provides services to a business without being an employee. For effective collaboration, it's crucial to have a written agreement outlining the terms of the contractor's relationship with the business. Key elements of the agreement include a clear description of the services to be performed and the payment terms. This structure helps ensure expectations are understood and protects both parties involved.