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In this video tutorial, the host discusses the essential elements to include in a services business contract, using a one-page contract from their early days as an example. They outline the basics that are essential for creating an effective contract and introduce tools for quickly obtaining legally binding signatures. The host offers a free contract template for viewers to use and encourages engagement by asking for likes, subscriptions, and comments. Additionally, they mention the tool "Signaturely," which will be showcased in the video. The narrator aims to provide valuable resources to help viewers sign more clients in their services business.