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In this video, the importance of service agreements for new contractors is emphasized. When starting a new contract, it is common for the hiring company to request various documents such as insurance information, EIN number, and W9 form. While focusing on getting the job and making money, it is easy to overlook the need to protect oneself with a service agreement. It is crucial to have a service agreement in place to safeguard your interests and ensure clear communication and expectations between both parties involved.
