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Before engaging affiliates to promote your products or services, it's crucial to establish a contract to avoid legal issues and misunderstandings. A contract not only clarifies the partnership but also fosters trust, which is essential for successful collaboration. This video discusses the purpose of an affiliate contract and outlines eight key elements to include for protecting your business. Additionally, as a lawyer, the presenter will guide you on creating an affiliate agreement independently and offer a downloadable affiliate program template. The tutorial promises to help you complete your affiliate agreement in just 15 minutes. The presenter introduces herself as Ami and welcomes new viewers to her channel.