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In this video tutorial, the presenter discusses the essential elements to include in a services business contract, utilizing a one-page contract template from their early days. The tutorial outlines basic components of a contract and introduces tools for quickly obtaining legally binding signatures. Viewers are encouraged to like the video, subscribe, and leave comments for more content. A free contract template is offered to help viewers start signing clients, along with a recommendation for Signaturely, a tool for managing signatures. Links for the template and Signaturely are provided in the description.