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In this tutorial, the speaker emphasizes the necessity of having a partnership agreement when starting a business with anyone, including friends or family. They stress that even close relationships can lead to complications, making it crucial to protect oneself legally. A partnership agreement should include the names of the partnership and its members, the name of the business if different, and the duration of the partnership, clarifying whether it is temporary or ongoing. The speaker underscores the importance of this agreement in mitigating future conflicts and ensuring clarity among partners.