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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 for viewers to use, emphasizing the importance of getting legally binding agreements signed quickly. The speaker also recommends using tools like Signaturely to facilitate the contract signing process. Viewers are encouraged to like, subscribe, and leave a comment for more content, as well as download the free contract template and try out Signaturely.