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In this video, Morgan from Finepoints.biz provides guidance on creating a contract of employment for a bookkeeping business. She emphasizes the importance of subscribing to her channel for weekly bookkeeping content. Morgan recommends starting your own business as an LLC and working as an independent contractor for multiple clients to diversify and maintain control. She stresses the necessity of having a contract, also known as an engagement letter, to clearly outline expectations between you and your client. Acknowledging the intimidating nature of legal documents, she offers tips and insights throughout the video, though she will not share her personal contract.