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In this video tutorial, the presenter discusses the importance of having a comprehensive contract for your services business. They provide a one-page contract template and outline the basics that should be included in the contract. The presenter also recommends using tools like Signaturely for quick and legally binding contract signings. Viewers are encouraged to like, subscribe, and leave a comment for more content, as well as to access the free contract template and Signaturely tool through the provided links. The presenter emphasizes the significance of having a contract in place for a services business.