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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 that can be used to easily sign more clients for your services business. The importance of having legally binding contracts and tools like Signaturely to help with this process are highlighted. Viewers are encouraged to like, subscribe, and leave a comment for more content. The contract template and Signaturely tool are available for free by clicking the links provided.