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In this tutorial, the presenter discusses the essential elements to include in a services business contract, referencing a one-page contract used during their initial stages. The focus is on the fundamental components necessary for an effective contract and introducing tools for quickly obtaining legally binding signatures. The video also offers a free contract template for viewers to use, encouraging them to like, subscribe, and comment for similar content. Additionally, the presenter mentions Signaturely, a tool for managing contract signatures, with links provided for access to the template and the tool.