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In this tutorial, the instructor discusses essential elements of a services business contract, using a one-page contract from their early days as a reference. They emphasize the importance of including basic components in your contract and suggest tools for quickly obtaining legally binding signatures. Viewers are encouraged to like the video, subscribe, and leave comments for more related content. The instructor provides a free contract template for viewers to use in signing clients and introduces Signaturely, a tool for managing contracts. Links to both the template and the tool are available in the video description.