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The video tutorial discusses the importance of having a services business contract and provides a one-page contract template for viewers to use. The key points covered include the basics that should be included in the contract and tools that can be used to quickly get legally binding contracts signed. The video also offers a free contract template for viewers to access and encourages them to like, subscribe, and comment for more content. Additionally, viewers can click on links to access the free contract template and a tool called Signaturely for creating and signing contracts efficiently.