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In this video tutorial, the speaker discusses the essential elements that should be included in a services business contract, using a one-page contract as a reference from their early days. They aim to cover the basics of contract components and introduce tools for quickly obtaining legally binding signatures. The video promises a free contract template for viewers to use in signing clients and encourages engagement through likes, subscriptions, and comments. Additionally, the speaker mentions Signaturely as a tool for managing contracts and provides links for viewers to access the free template and the tool discussed.