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In this video tutorial, Arturo invites Joel Kaplan, a successful agency owner, to help viewers understand the components of a contract essential for agency operations. Joel, the CEO of Agency Lab, shares his experience in coaching social media marketing agency (SMMA) owners, helping them acquire clients and scale their businesses to significant revenue. He highlights the importance of a well-structured contract, detailing specific modifications needed and key elements to include. Viewers are encouraged to watch until the end for a comprehensive breakdown of the contract.