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In this video, the importance of service agreements for newbies in the contracting business is discussed. When landing a contract, clients will send paperwork with demands and policies, including insurance information, EIN number, and W9 form. It is crucial to protect oneself by providing a service agreement to clients to ensure both parties are clear on expectations and responsibilities. Moving too fast without an agreement can leave you vulnerable, so it is essential to have a service agreement in place.
