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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements, defining an independent contractor as anyone providing services to a business without being an employee. He emphasizes the importance of having a written agreement to clarify the relationship between the business and the contractor. Key components to include in the agreement are a description of the services the contractor will perform and the payment details. Kramer aims to guide viewers through essential terms that should be specified in such agreements to protect both parties involved.