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In this video tutorial, the host outlines essential elements to include in a services business contract. They reference a one-page contract used in the early days and discuss key components necessary for a solid agreement. The video also introduces tools for quickly signing legally binding contracts. Additionally, the host offers a free contract template for viewers to use, encouraging engagement through likes, subscriptions, and comments. They mention Signaturely as a tool for signing contracts and provide links for viewers to access the template and software discussed. The tutorial aims to help viewers secure more clients for their services business.