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In this video tutorial, the speaker discusses the key components that should be included in a services business contract. They provide a one-page contract template and explain how to effectively use it to secure legally binding agreements quickly. Viewers are encouraged to like the video, subscribe to the channel, and leave a comment for more content. Additionally, they offer a free contract template and a tool called Signaturely to assist with the process. The speaker then proceeds to walk through the contract template, emphasizing the importance of having a solid agreement in place for service-based businesses.