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Having affiliates can expand your digital product or online course's reach, but a poorly set up affiliate program can increase business liability. In this video, lawyer Amy Nesheim outlines four essential components to include in an affiliate agreement. The first key aspect is the commission and payout structure, detailing how much the commission will be and how payments will be processed. By understanding these critical elements, you can ensure your affiliate program is legally sound and effective in promoting your offerings. Don’t forget to subscribe for more legal insights for your online business.