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In this video, Mathew explains how to create a service level agreement (SLA) using legal templates. He guides viewers to find the link to the legal templates in the video description, directing them to the business forms section. Mathew demonstrates how to use the search function to locate the SLA template. He outlines the initial steps, including specifying the type of transaction—sales of goods or services—and emphasizes the importance of entering the provider's information, such as address and contact details. He also mentions the need to include the buyer's information and a description of the services being provided.