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In this episode of "All Up In Your Business," attorney Aiden Kramer discusses independent contractor agreements, emphasizing that independent contractors are not employees but provide services for businesses. Using examples, he illustrates the relationship between business owners and contractors, like hiring a bookkeeper. Kramer stresses the importance of having a written agreement to clarify the terms of the contractor relationship. Key components of the agreement include detailing the specific services to be performed and stipulating payment terms. This ensures both parties understand their obligations and protects the business's interests.