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In this video, Matthew explains how to create a joint venture agreement template. Viewers are directed to click on a provided link that leads to a page where they can follow along. After accessing the site, users should select the "Business Forms" option and then choose to view all business forms. To simplify the search, users can type "joint" into the search engine. Next, they need to select the state where the joint venture will occur. The tutorial guides users in entering necessary information, including the names and addresses of both parties involved and details about the joint venture, such as its name and venue address.