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In this video tutorial, the host discusses essential elements to include in a services business contract. They review a one-page contract used in their early days, outlining the basics necessary for a solid agreement, and recommend tools for quickly obtaining legally binding signatures. The tutorial also offers a free contract template to help viewers sign more clients for their services. Additionally, the host encourages engagement by asking viewers to like the video, subscribe, and comment for more content. Links to the free contract template and the signature tool, Signaturely, are provided for viewers interested in these resources.