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In this tutorial video, Megan emphasizes the importance of having a thorough contract when onboarding a new client in freelancing. Contracts may seem intimidating, especially for beginners, but they help clarify expectations and protect both parties. Even if you are new to freelancing and have not been paid yet, it is essential to have a contract in place before starting work. Megan highlights the significance of having a clear and concise contract to ensure both parties are on the same page. Remember to hit the like button and subscribe to Megan's channel for more helpful content.