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In this video tutorial, the speaker discusses the key elements that should be included in a services business contract. They introduce a one-page contract template and emphasize the importance of having legally binding contracts signed quickly. The speaker also mentions a tool called Signaturely for creating and managing contracts. They offer a free contract template for viewers to use and encourage them to like, subscribe, and leave a comment for more content. Clicking the provided link will give access to the free contract template and Signaturely tool.