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This video discusses the importance of having a detailed sales and service agreement in place when closing business deals. The agreement is essential for ensuring that both parties are clear on the terms and conditions of the deal before finalizing it. The video provides insights into the key elements that are included in the contract and why each line is important. At the end of the video, viewers are offered an editable version of the contract for their use. The agreement is dated and was professionally written, costing approximately a thousand dollars.