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In this video tutorial, Matthew guides viewers on creating a joint venture agreement template. He instructs users to click a link in the video description, which directs them to a site where they can access various business forms. He recommends searching for "joint" to streamline the process, as scrolling can be cumbersome. After selecting the relevant form, users must choose the state for the joint venture and fill in necessary details such as the names and addresses of both parties, and the name and location of the joint venture. Matthew emphasizes the importance of entering accurate information to successfully create the document.