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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 in their early days, explaining key components necessary for effective agreements. The video also introduces tools for quickly obtaining legally binding signatures. Viewers are encouraged to engage with the content by liking the video and subscribing, with an offer for a free contract template available through a provided link. Additionally, the tool Signaturely will be demonstrated as a resource for signing contracts efficiently. The overall aim is to help viewers start signing more clients for their services business.