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In this video tutorial, the speaker discusses the importance of having a service business contract and provides a one-page contract template. The video covers the basics that should be included in the contract and offers tools for quickly obtaining legally binding contracts signed. The speaker also mentions providing a free contract template for viewers to use in signing more clients for their service businesses. To access the free template and a tool called Signaturely, viewers are encouraged to like the video, subscribe, and click the provided links.