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In this video tutorial, Matthew explains how to create a joint venture agreement template. To begin, viewers should click the link provided in the video description, which will take them to the relevant section. Once there, select "Business Forms" at the top of the screen and then click "View All Business Forms." To simplify the search, enter "joint" in the search engine. After selecting the appropriate joint venture, users must specify the state where the venture will occur. The next steps involve entering details such as the names and addresses of both parties and the joint venture's name and venue information.