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In this video tutorial, the presenter discusses essential elements to include in a services business contract, using a one-page contract as an example from when they first started. Key topics include the basics of contract creation and effective tools for quickly obtaining legally binding signatures. The presenter offers a free contract template for viewers to use and encourages engagement by asking viewers to like the video, subscribe, and comment for more content. Additionally, a tool called Signaturely is recommended for signature management. Links for both the free template and Signaturely are provided for easy access.