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In this video, Morgan from finepoints.biz discusses how to create a contract of employment for your bookkeeping business, a highly requested topic. She emphasizes the importance of having a contract or engagement letter that clearly outlines expectations for both the bookkeeper and the client. Morgan encourages viewers to subscribe for weekly bookkeeping content and suggests forming an LLC to operate as an independent contractor, which allows for business diversification and control. She acknowledges that creating a legal document can be intimidating but assures viewers that she will share helpful tips and insights throughout the video, although she will not provide her own contract template.