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In this video, the speaker discusses the importance of service agreements for newcomers who have just landed contracts. When starting out, companies often receive vendor agreements and various requests for documentation, including insurance information and tax forms. While it's easy to become eager and provide all the necessary information to start working, the speaker emphasizes that protecting oneself is crucial. Therefore, it is advised to establish a service agreement to ensure that the business is safeguarded and that both parties understand their obligations before proceeding with the contract.
