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In this video tutorial, the speaker discusses essential elements to include in a services business contract and presents a previous one-page contract used during their early days. The tutorial highlights the basics of contract creation and suggests tools for quickly obtaining legally binding signatures. The speaker offers a free contract template for viewers to use for signing more clients. Additionally, they mention Signaturely, a tool for facilitating contract signing, and encourage viewers to like, subscribe, and comment for more content. Links to the free contract template and Signaturely are provided for easy access.