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In this video tutorial, Matthew demonstrates how to create a Memorandum of Understanding (MOU) using legal templates. He instructs viewers to click a link provided beneath the video, which will direct them to the business forms section. Using the search engine, viewers should locate the MOU template. The tutorial covers inputting details for the first party, which can be either a business or an individual, including their name, address, city, state, and zip code. The same information is required for the second party. Additionally, viewers need to specify when the MOU will take effect, outline the project name and objectives, and identify the expertise and experiences each party will contribute to the project.