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In this video, the speaker discusses the importance of having service agreements in place, especially for newcomers in the contracting field. When landing a first contract, companies often send various paperwork, including vendor agreements, insurance information, and tax forms like the W9. New contractors may be eager to fill out these documents and start working but often overlook the necessity of protecting themselves. The speaker emphasizes the need to provide a service agreement to safeguard one’s interests while accepting contracts. This step is crucial for ensuring proper protection before beginning work and receiving payment.
