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In this video tutorial, the speaker discusses the importance of having a contract for your services business. They go through a one-page contract template and highlight the basics that should be included in your contract. The speaker also suggests using tools like Signaturely to help you quickly get legally binding contracts signed. They offer a free contract template for viewers to use to start signing more clients. The speaker encourages viewers to like, subscribe, and leave a comment for more content like this. They also provide links for viewers to access the free contract template and Signaturely tool.