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In this video tutorial, the speaker discusses the importance of having a comprehensive services business contract. They provide a one-page contract template and highlight the key points that should be included in the contract. The speaker also introduces a tool called Signaturely for quickly obtaining legally binding signatures on contracts. Viewers are encouraged to like the video, subscribe for more content, and download the free contract template and use Signaturely. The speaker emphasizes the importance of having a contracts in place for services businesses.