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In this video tutorial, the presenter discusses essential elements that should be included in a services business contract. They review a one-page contract previously used and highlight the basics necessary for contracts, along with tools that facilitate quick signing of legally binding agreements. A free contract template is offered to help viewers sign more clients. The presenter encourages viewers to like the video, subscribe for more content, and leave comments for future topics. Links are provided for the free contract template and Signaturely, a tool mentioned in the tutorial for managing contract signatures.