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The video tutorial discusses the importance of having a service agreement when operating a business. It emphasizes the need to protect oneself when entering into contracts by ensuring all necessary documents, such as insurance information, EIN number, and W9 form, are provided. The speaker highlights the significance of not rushing through agreements and taking the time to protect one's interests. A service agreement is crucial in outlining the terms and expectations of the job to prevent misunderstandings and disputes. It is essential to prioritize self-protection and ensure that all parties involved are clear on their responsibilities.
