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In this YouTube video tutorial, the speaker discusses the key components that should be included in a services business contract. They provide a one-page contract template and talk about the basics that should be included in a contract. They also mention tools that can be used to quickly get legally binding contracts signed. The speaker offers a free contract template and suggests using a tool called Signaturely. Viewers are encouraged to like, subscribe, and comment for more content and can access the free contract template and Signaturely tool through links provided in the video description.