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In this video, agency owner Joel Kaplan, CEO of Agency Lab, collaborates with the host to provide viewers with a comprehensive, free contract template for agency operations. Joel shares insights on what to include in a contract and highlights essential modifications needed. He introduces himself, detailing his background in running a successful social media marketing agency (SMMA) that peaked at $300K per month. The video aims to guide SMMA owners through the complexities of contracts, ensuring they understand key components necessary for their business growth. Viewers are encouraged to watch until the end for in-depth explanations.