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In this video, David Schalis discusses the SMMA (Social Media Marketing Agency) legal agreement. He emphasizes the importance of understanding this agreement for anyone looking to start, grow, or scale an online business. David also encourages viewers to subscribe and turn on notifications for future valuable content. He offers a disclaimer that neither he nor his co-host, Derek, are legal professionals, and stresses that the information provided should not be considered legal advice. Viewers are advised to consult a business attorney to ensure the legal agreement provides appropriate coverage before use.