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In this video tutorial, the speaker discusses essential elements to include in a services business contract. They will review a one-page contract used at the start of their business and highlight the basic components and tools available for quickly obtaining legally binding signatures. Viewers are encouraged to engage with the video by liking, subscribing, and leaving comments for more similar content. The speaker offers a free contract template for viewers to utilize in signing clients and introduces Signaturely as a tool for managing contracts. Links to the free template and Signaturely are provided for easy access.