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In this video, Redbeard from treesavages.com shares five essential elements that must be included in every tree removal contract to ensure protection for both the business and the customer. He emphasizes the importance of having contracts, noting that without them, businesses risk financial loss and increased liability. Viewers are encouraged to visit treesavages.com for template contracts to customize for their own use. The first key component he outlines is a general scope of business, which should clearly state services offered, such as hazard tree removal and wildfire mitigation, along with details about insurance coverage.