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In this video, Morgan from finepoints.biz aims to help viewers create a contract of employment for their bookkeeping business, a highly requested topic. He encourages subscribers to his channel for weekly bookkeeping videos. Morgan advises aspiring business owners to establish an LLC and operate as independent contractors to gain control and diversify their client base. He emphasizes the importance of having a contract or engagement letter to clearly outline expectations between the contractor and the client. Despite the intimidating nature of legal documents, Morgan promises to share his tips and tricks for creating an effective contract, though he will not provide his specific contract template.