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In this video, Mitchell Losey discusses the importance of contracts in starting a photography or video business. He highlights the common challenges faced with clients, particularly regarding payment and service expectations. Many new business owners often find themselves in awkward situations where they haven't discussed pricing or detailed project requirements before completing the work. This lack of communication can lead to difficulty in requesting payment after the project is finished. The tutorial emphasizes the need for clear agreements and contracts to avoid these uncomfortable situations and to establish professional boundaries from the beginning of client relationships.
