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In this video tutorial, the presenter discusses essential elements of a services business contract by reviewing a one-page example used in their early days. The focus is on the basics that should be included in a contract and recommended tools for quickly obtaining legally binding signatures. Viewers are encouraged to engage with the content by liking the video, subscribing, and commenting for more related material. A free contract template is offered, which can be accessed via a provided link, as well as information about a tool called Signaturely for facilitating contract signing.