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In this video tutorial, the speaker discusses the importance of having a solid contract in a services business. They provide a one-page contract template that includes the basics needed for a legally binding agreement. They also mention the use of tools like Signaturely to quickly sign contracts. Viewers are encouraged to like the video, subscribe for more content, and download the free contract template provided. Links to access the template and Signaturely are also included. The speaker emphasizes the importance of having a contract in place for services businesses.