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In this tutorial, the host discusses the essential elements of a services business contract, using a one-page contract from their early days as a reference. They outline the basics that should be included in a contract and introduce tools for quickly obtaining legally binding signatures. Viewers are encouraged to like the video, subscribe for more content, and comment for additional videos. A free contract template is offered, which can be accessed via a provided link, along with information about a tool called Signaturely for signing contracts. The tutorial aims to simplify the contract process for service businesses.