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In this video tutorial, the presenter discusses essential elements to include in a services business contract, reviewing a basic one-page contract used in the early stages of their business. They offer insights into tools for quickly obtaining legally binding signatures. The video also provides a free contract template for viewers to use to facilitate client signings. Viewers are encouraged to engage with the content by liking, subscribing, and commenting for more similar videos. Links for the free contract template and the signing tool, Signaturely, are provided for easy access. The presenter emphasizes the importance of having a solid contract in place for service-based businesses.