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In this video tutorial, the importance of having a service agreement is emphasized for new contractors. When starting a new contract, it is vital to not overlook the need for a service agreement to protect oneself. Clients will typically request various documents such as insurance information, EIN number, and W9 form. It is important to take the time to review and sign a service agreement to ensure both parties are clear on expectations and responsibilities. Rushing through paperwork in excitement can lead to potential risks, highlighting the importance of prioritizing self-protection in business agreements.
