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In this video tutorial, the speaker discusses the essential elements that should be included in a services business contract. They provide a one-page contract template and suggest using tools like Signaturely for quick and legally binding contract signing. The speaker emphasizes the importance of having a solid contract in place to secure more clients for your services business. Viewers are encouraged to like, subscribe, and leave a comment for more content, as well as access the free contract template and Signaturely tool through provided links.