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In this tutorial, Erin and Emily from E-Squared Photography aim to simplify the concepts of contracts and invoices for new photography business owners. They promise that by the end of the video, viewers will better understand how to manage these aspects and effectively send them to clients. They emphasize the importance of opening a dedicated checking and savings account for business transactions, rather than mixing personal and business finances. Additionally, they encourage viewers to subscribe to their channel for more photography tips and tricks, and to stay tuned for a special offer at the end of the video.