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In this video tutorial, the presenter discusses essential elements that should be included in a services business contract. They review a one-page contract used in their early days and highlight key basics to consider. The tutorial also introduces tools that facilitate quick signing of legally binding contracts. Viewers are encouraged to like the video, subscribe, and comment for more content. The presenter offers a free contract template for viewers to use and mentions a tool called Signaturely for efficient contract signing. A link to access both the template and the tool is provided in the description.