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In this video tutorial, the speaker discusses the essential elements that should be included in a services business contract, using a one-page contract as a reference. They outline the basics of contract creation and recommend tools for quickly obtaining legally binding signatures. The speaker also offers a free contract template for viewers to use in securing clients. Viewers are encouraged to like, subscribe, and comment for more related content. Additionally, links are provided for accessing the free contract template and a signing tool called Signaturely. The video emphasizes practical steps to streamline the contract process in a services business.