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In the video tutorial, the key focus is on the franchise agreement, which is deemed the most critical document alongside the Franchise Disclosure Document (FDD). Unlike the FDD, the franchise agreement is a binding contract signed by both the franchisor and franchisee, detailing the franchisee's obligations. It provides the franchisor with tools to enforce these obligations, particularly concerning support and training, which are typically subject to the franchisor's discretion. The document tends to favor the franchisor. Additionally, it's emphasized that this is an ideal opportunity for discussions with clients about their future growth plans, allowing for flexibility to be included in the agreement.