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In this video tutorial, the presenter discusses the essential elements to include in a services business contract, referencing a one-page contract used previously. They highlight the basics necessary for an effective contract and introduce tools for quickly obtaining legally binding signatures. Viewers are encouraged to like, subscribe, and comment for more content, and they can access a free contract template by clicking the link provided. Additionally, the tool Signaturely is mentioned for facilitating the signing process. The video aims to guide viewers in creating effective contracts to secure clients for their services business.