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In this video, Matthew guides viewers on creating a joint venture agreement template. He instructs to click the link provided, which directs to a site offering business forms. On the website, users should navigate to the "business forms" section and select "view all business forms," but to simplify the search, he suggests using the search function for "joint." After selecting the intended state for the joint venture, users will fill out necessary details, including the names and addresses of both parties involved in the agreement, as well as the name and address of the joint venture.