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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They review a one-page contract template used during their early days and highlight key components necessary for effective agreements. Additionally, the video covers tools for quickly obtaining legally binding signatures. Viewers are encouraged to like, subscribe, and comment for more content. A free contract template is offered, along with a recommendation for a signing tool called Signaturely, both accessible via provided links. The tutorial aims to assist viewers in signing more clients for their services business.