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In this video tutorial, the presenter discusses essential elements to include in a services business contract, referencing a one-page contract used during the earlier stages of their business. Key points covered include the basics of structuring a contract and tools for quickly obtaining legally binding signatures. The presenter offers a free contract template for viewers to utilize in securing clients. Viewers are encouraged to like the video, subscribe for more content, and leave comments. Additionally, a tool called Signaturely is introduced for contract signing, with links provided for accessing the template and the tool.