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In this video tutorial, the speaker discusses essential elements that should be included in a services business contract. They review a one-page contract used in the early stages of their business and highlight the basics to consider when creating your own contract. Tools for quickly obtaining legally binding signatures are also introduced, including a free contract template offered to viewers. The speaker encourages viewers to like the video, subscribe for more content, and leave comments for additional videos. Links to the free contract template and a signing tool called Signaturely are provided for viewers' convenience.