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In the video tutorial, the speaker discusses the importance of having a comprehensive services business contract. They provide a one-page contract template and share the basics that should be included in a contract. They also mention using tools like Signaturely to quickly get legally binding contracts signed. By liking, subscribing, and leaving a comment on the video, viewers can access the free contract template and learn more about Signaturely. The tutorial aims to help services business owners start signing more clients with a solid contract in place.