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In this video tutorial, Marcus demonstrates how to use FreeAgent for business purposes. He guides viewers through the process of creating a new account by selecting business tab options such as universal or country-specific choices, adding company registration details like name and address, and choosing a business category. He also shows how to set display formats for dates, currency, time zone, and units of measurement. Additionally, Marcus explains how to input accounting dates, including the start of business and accounting year-end dates.