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In this video from e-squared photography, Erin and Emily provide guidance for those starting a photography business and struggling with contracts and invoices. They emphasize the importance of understanding these business aspects and promise that by the end of the tutorial, viewers will feel more confident in managing and sending out invoices and contracts. They also recommend opening a separate checking and savings account for business transactions, advising against mixing personal and business finances. Additionally, viewers are encouraged to subscribe for more photography tips and to stay tuned for a special offer at the end of the video.