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In this video tutorial, the host discusses the essential elements that should be included in a services business contract. They review a one-page contract used in the early days of their business, outlining the basics that should be present in any contract. The host also introduces tools for quickly obtaining legally binding signatures. Viewers are encouraged to engage with the content by liking the video, subscribing, and commenting. Additionally, a free contract template is offered for download, along with a recommendation for a tool called Signaturely for ease of signing contracts. The aim is to help viewers secure more clients through effective contracting.