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In this video, Matthew guides viewers on creating a joint venture agreement template. He instructs to click the link provided in the description, which leads to a page for creating the document. After accessing the business forms section, he suggests using the search function to find the joint venture form quickly. Viewers are prompted to select the state where the joint venture will occur. The video covers entering essential details such as the names and addresses of both parties involved, the name of the joint venture, and the venue's address. Overall, the tutorial breaks down the steps needed to set up a joint venture agreement efficiently.