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In this video tutorial, the speaker discusses the importance of having a contract for services businesses. They provide a one-page contract template for viewers to use and talk about the basics that should be included in the contract. The speaker also mentions using tools like Signaturely to quickly get legally binding contracts signed. Viewers are encouraged to like the video, subscribe for more content, and leave a comment for additional videos. A free contract template and information on Signaturely can be accessed through the provided links.