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In this video, Matthew explains how to create a joint venture agreement template. Viewers are instructed to click a link in the video description, which directs them to a webpage for creating the document. After accessing the site, they need to choose the "Business Forms" option and select "View All Business Forms." To simplify the search process, they can type "joint" into the search engine. Next, users must select the state where the joint venture will occur and begin filling out the form by providing details such as the names and addresses of the parties involved, the name of the joint venture, and additional venue information.