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In this video tutorial, the importance of service agreements for newbies in business is highlighted. When landing a contract, companies often require paperwork including insurance information, EIN number, and W9 form. It is crucial to protect oneself by providing a service agreement to ensure both parties are clear on demands and policies. Moving too fast without protecting oneself can lead to potential risks and liabilities. It is essential to prioritize self-protection when starting a new contract to avoid future issues and ensure a smooth working relationship.
