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In this video tutorial, the presenter discusses essential elements of a services business contract using a one-page contract from their early days. They outline the basics necessary for inclusion in contracts and recommend tools for quickly obtaining legally binding signatures. The video includes the offer of a free contract template to help viewers sign more clients. Viewers are encouraged to like, subscribe, and comment for more content. Additionally, links to the free contract template and the electronic signature tool "Signaturely" are provided for access. The aim is to simplify the contract process for service-based businesses.