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In this video tutorial, the speaker discusses the importance of having a contract as a freelance social media manager. They emphasize the necessity of a contract, outlining key elements that should be included, such as pricing, start and end dates, and cancellation procedures. The speaker also addresses whether tools are needed for sending or signing the contract and mentions that they will share a real-life example of a contract used in their practice. The video aims to provide comprehensive guidance on social media management contracts, encouraging viewers to subscribe and engage with the content.