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In this video tutorial, the host discusses essential elements to include in a services business contract. They review a one-page contract used in the early stages of their business, emphasizing key contract basics and tools for quickly obtaining legally binding signatures. Viewers are encouraged to like, subscribe, and comment to support similar content. The host also offers a free contract template for viewers to use, as well as a recommendation for Signaturely, a tool for contract signing. Links for both the template and Signaturely are provided in the description for easy access.