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In this tutorial, the speaker discusses essential components of a services business contract, focusing on a one-page example used during their early days. They cover the basics that should be included in contracts and introduce tools for quickly obtaining legally binding signatures. A free contract template is offered for viewers to use in acquiring more clients. The video encourages audience engagement through likes, subscriptions, and comments. Additionally, links are provided for the free contract template and the signature tool, Signaturely, which will be discussed further in the video.