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In this video tutorial, the presenter discusses essential elements to include in a services business contract, using a one-page template from their early days. They focus on the basics required in a contract and introduce tools for efficiently obtaining legally binding signatures. Viewers are encouraged to engage with the content by liking the video, subscribing, and commenting for more similar tutorials. The presenter offers a free contract template and mentions a specific tool, Signaturely, for facilitating the signing process, available via a link provided in the description. Overall, the video aims to help viewers streamline client contract signing in their service businesses.