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In this video tutorial, the presenter discusses the essential elements to include in a services business contract, using a one-page contract as a reference from their early days. They emphasize the basics necessary for a contract and introduce tools for quickly getting legally binding signatures. The video promises a free contract template for viewers to use in signing clients. The presenter encourages viewers to like, subscribe, and comment for more content. Links to access the free contract template and the signature tool, Signaturely, are provided. The focus is on simplifying the contracting process for service-based businesses.