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In this video tutorial, the speaker discusses the key elements that should be included in a services business contract. They provide a one-page contract template and discuss the basics of what should be in your contract. The speaker also mentions tools that can be used to quickly get legally binding contracts signed. They offer a free contract template for viewers to use and recommend using Signaturely as a tool for contract signing. The speaker encourages viewers to like, subscribe, and comment for more content like this.