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The video tutorial discusses the necessity of having a solid contract in place for your services business. It mentions a one-page contract template that covers the basics you need for a legally binding agreement. The video also mentions a tool called Signaturely that can help you quickly sign contracts. The host offers a free contract template for viewers to use and encourages them to like, subscribe, and leave a comment for more content. Links are provided for the free contract template and Signaturely tool. Overall, the tutorial emphasizes the importance of having a strong contract in place for your services business.