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In this tutorial by E-Squared Photography, Erin and Emily aim to simplify the complexities of managing contracts and invoices for new photography businesses. They address common struggles in dealing with business-related tasks, promising to clarify how to create and send these documents effectively. Viewers are encouraged to watch until the end for an exclusive offer. The video highlights the importance of keeping personal and business finances separate by opening dedicated checking and savings accounts for business transactions. Additionally, the hosts invite viewers to subscribe for more photography tips and tricks, emphasizing their commitment to making the learning process enjoyable.