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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They review a one-page contract used at the start of their business and explore the basics that should be incorporated into a contract. Additionally, the tutorial highlights tools for quickly obtaining legally binding signatures. Viewers are encouraged to like the video, subscribe, and leave comments for more content. The presenter also offers a free contract template for viewers to utilize in their businesses, with links provided for easy access. A tool called Signaturely is introduced for facilitating contract signing.