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In this video tutorial, Erin and Emily from e-squared photography aim to simplify the business aspects of running a photography business, specifically focusing on contracts and invoices. They encourage viewers who find these topics overwhelming to watch till the end for valuable insights. The hosts promise that by the conclusion of the video, viewers will better understand how to create and send invoices and contracts to clients. They also emphasize a crucial tip: open a separate checking and savings account for your photography business to manage finances effectively, rather than mixing it with personal accounts. Viewers are invited to subscribe for more photography tips and tricks.