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In this video tutorial, Matthew guides viewers on how to create a joint venture agreement template. To start, he instructs viewers to click on the link provided in the video description, which will direct them to the relevant page. From there, he recommends selecting "Business Forms" and then choosing "View All Business Forms." Instead of scrolling through many options, Matthew suggests using the search engine feature to type in "joint." Next, viewers need to select the state where the joint venture will occur, enter necessary details about the first and second parties, including names and addresses, as well as the name and address of the joint venture.