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In this tutorial, Erin and Emily from E-Squared Photography aim to simplify the process of handling contracts and invoices for new photography business owners. They emphasize the importance of separating business finances from personal ones by advising viewers to open dedicated checking and savings accounts for business transactions. The video will cover how to manage contracts and invoices effectively, ensuring viewers feel more confident in these essential business aspects. They encourage viewers to watch until the end for additional tips and to subscribe for future photography insights.