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In this video, Morgan from finepoints.biz shares essential tips on creating an employment contract for a bookkeeping business, responding to popular requests. She emphasizes the importance of organizing your business as an LLC and operating as an independent contractor for various clients to enhance control and diversification. Morgan advocates for using a contract or engagement letter to clarify expectations between you and your clients, acknowledging that the legal aspects can be intimidating. Throughout the tutorial, she provides practical advice and insights, although she does not share her specific contract. Viewers are encouraged to subscribe for weekly bookkeeping videos.