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In this video tutorial, the presenter discusses essential elements to include in a services business contract, using a one-page contract from their early days as a reference. Key topics include the basics of contract components and tools for quickly obtaining legally binding signatures. The presenter also offers a free contract template for viewers to use in signing clients. They encourage engagement by asking viewers to like the video, subscribe, and comment for more related content. Additionally, a tool called Signaturely is introduced for efficient contract signing, with links provided for access to both the template and the tool.