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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 in their early days and emphasize the importance of basics and tools for quickly obtaining legally binding signatures. The video offers a free contract template for viewers to use, encouraging them to engage by liking, subscribing, and commenting for more similar content. Additionally, the presenter introduces Signaturely, a tool for contract management. Viewers can access the free contract template and Signaturely via provided links. The session aims to streamline the client onboarding process for service businesses.