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In this video, Matthew guides viewers on creating a joint venture agreement template. He instructs to click a link in the description, which leads to a section for business forms. Matthew suggests using the search function to find "joint" forms. After selecting a state for the joint venture, viewers are prompted to fill in details like the names and addresses of the involved parties and the joint venture's name and venue information. The tutorial emphasizes the importance of these details in successfully forming the document.