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In this video tutorial, the presenter discusses essential elements to include in a services business contract, referring to a one-page contract they initially used. They outline the basics of a contract and present tools for quickly obtaining legally binding signatures. Additionally, viewers can access a free contract template and learn about a signing tool called Signaturely by clicking links provided. The presenter encourages engagement by asking viewers to like the video, subscribe, and leave comments for more similar content. They emphasize the significance of having effective contracts to help sign more clients for a services business.