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In this video tutorial, the host discusses essential elements to include in a services business contract, utilizing a one-page template from their early experiences. They highlight the key components that should be present and introduce tools for quickly obtaining legally binding signatures. The video also offers a free contract template for viewers to use in acquiring more clients. Viewers are encouraged to like, subscribe, and comment for more content. Additionally, links to the free template and a tool called "Signaturely" are provided for viewers interested in using these resources.