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In this video tutorial, the speaker discusses essential elements to include in a services business contract, using a one-page contract from their early days as an example. They outline the basics needed for a legally binding agreement and introduce tools for quickly securing signed contracts. The presenter offers a free contract template for viewers to use in order to attract more clients. Viewers are encouraged to like the video, subscribe, and comment for more similar content. Additionally, a tool called Signaturely is mentioned, with links provided for viewers interested in the contract template and the signing tool.