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In this video tutorial, Matthew explains how to create a joint venture agreement template. He instructs viewers to click a link in the video description which will direct them to the necessary platform. Once there, users need to navigate to the business forms section and select "view all business forms." To simplify the search, he suggests typing "joint" into the search engine. Next, viewers should choose the state where the joint venture will occur and proceed to create the document. The process involves entering details such as the names and addresses of both parties involved and the name and address of the joint venture being formed.