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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They review a one-page contract used at the start of their business, highlighting basic components that should be present. Additionally, the video covers tools for quickly obtaining legally binding signatures. Viewers are encouraged to like the video, subscribe, and comment for more similar content. A free contract template is offered, available via a link in the description, along with information about a signing tool called Signaturely. The tutorial aims to help viewers start signing more clients effectively.