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In this video tutorial, Matthew guides viewers on creating a joint venture agreement template. To start, viewers should click the link in the video description, which redirects them to the appropriate page. They need to select "Business Forms" at the top and then "View All Business Forms." To efficiently find the joint venture template, he suggests using the search function and typing "joint." After that, users must choose the relevant state for the joint venture. The next step involves entering details for both parties, including names and addresses, followed by naming the joint venture and providing venue information.