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In this video tutorial, the presenter discusses essential elements to include in a services business contract, reviewing a one-page template previously used. Key points cover the basics of contract components, along with tools for quickly obtaining legally binding signatures. The presenter offers a free contract template for viewers to use to secure clients. Viewers are encouraged to like the video, subscribe for more content, and comment for additional topics. Links to the free contract template and the signature tool, Signaturely, are provided for easy access. The discussion emphasizes the importance of having a solid contract in place for service-oriented businesses.