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In this video tutorial, the speaker discusses the key elements that should be included in a services business contract. They provide a one-page contract template and mention the importance of using tools like Signaturely for quick and legally binding contract signing. Viewers are encouraged to like, subscribe, and comment for more content, as well as to access the free contract template and the Signaturely tool. The speaker will go through the contract template in detail, emphasizing the significance of having a solid contract in place for your services business.