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In this video tutorial, the speaker discusses the importance of having a services business contract and provides a one-page contract template that can be used to start signing more clients quickly. They highlight the basics that should be included in a contract and recommend using tools like Signaturely for legally binding contracts. The audience is encouraged to like the video, subscribe for more content, and download the free contract template provided in the description. The importance of having a contract for services businesses is emphasized throughout the video.