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In this video tutorial, the speaker discusses the essential components that should be included in a services business contract. They provide a one-page contract template as a useful tool to help businesses quickly sign legally binding contracts with clients. The video also mentions a tool called Signaturely, which can assist in streamlining the contract signing process. Viewers are encouraged to like the video, subscribe to the channel, and leave a comment for more similar content. Additionally, they can access the free contract template and Signaturely tool through the provided links.