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In this video, the speaker discusses the importance of having a well-structured contract for your services business. They go through a one-page contract template and highlight the key points that should be included. They also mention tools like Signaturely that can help in getting legally binding contracts signed quickly. The speaker offers a free contract template for viewers to use and encourages them to like, subscribe, and leave a comment for more content. They also provide links to access the free template and the Signaturely tool.