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In this video tutorial, the host discusses the importance of having a services business contract and provides a one-page contract template that can be used to sign more clients quickly. The basics of what should go into the contract are highlighted, along with tools like Signaturely that can help in creating legally binding agreements. Viewers are encouraged to like, subscribe, and comment for more content, and can access the free contract template and Signaturely tool by clicking the links provided. Stick around to learn more about the importance of contracts for services businesses.