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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 the past and highlight the basics necessary for a legally binding agreement. The tutorial also introduces tools for quickly getting contracts signed, specifically mentioning Signaturely. A free contract template is offered for viewers to utilize in their own businesses. The video encourages engagement through likes, subscriptions, and comments, and provides links for accessing the contract template and the Signaturely tool.