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In this video tutorial, the key points discussed include the importance of having a comprehensive services business contract. The speaker goes through a one-page contract template that can be used to ensure legally binding agreements with clients. Tools such as Signaturely are recommended for quickly signing contracts. Viewers are encouraged to like the video, subscribe for more content, and access the free contract template and Signaturely tool through provided links. The emphasis is on the significance of having a detailed contract in place for services businesses.