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In this video tutorial, the speaker discusses the key elements that should be included in a services business contract. They provide a one-page contract template and talk about the basics that should be included in the contract. The speaker also mentions tools that can be used to quickly get legally binding contracts signed. They offer a free contract template for viewers to use and also mention Signaturely as a helpful tool for contract management. The video encourages viewers to like, subscribe, and leave a comment for more content like this.