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In this video, Mathew explains how to create a service agreement using a legal template. Viewers are directed to a link in the video description to access the templates. After clicking the link, he advises navigating to "view all business forms," where over 110 forms are available. He suggests entering "service agreement" in the search bar to find the appropriate document. Mathew outlines the necessary components of the agreement, starting with the seller's information (service provider) and then the buyer's information (customer). He emphasizes including a description of the service being provided and the total amount due for the transaction.