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In this tutorial, the presenter discusses essential elements for a services business contract, using a one-page contract from their early days as an example. They outline basic components to include and suggest tools for quickly obtaining legally binding signatures. The video offers a free contract template for viewers to use and encourages likes, subscriptions, and comments for more content. Additionally, a specific tool, Signaturely, is introduced for facilitating contract signing. Links to the free template and the Signaturely tool are provided in the description for easy access.