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In this video tutorial, the speaker discusses the important elements that should be included in a services business contract. They provide a one-page contract template and suggest tools, like Signaturely, for quickly getting legally binding contracts signed. Viewers are encouraged to like the video, subscribe to the channel, and leave a comment for more content. A free contract template and access to Signaturely are available through links provided. The speaker then goes through the contract template and emphasizes the importance of having a solid contract in place for service businesses.