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In this video tutorial, the host discusses essential elements that should be included in a services business contract, using a previously utilized one-page contract as a reference. The tutorial emphasizes the importance of having legally binding contracts and introduces tools to facilitate quick signing. The host offers a free contract template for viewers to use and encourages them to engage with the content by liking the video, subscribing, and leaving comments. Additionally, a tool called Signaturely for contract signing is recommended, with links provided for viewers to access both the template and the tool.