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In this video tutorial, the presenter discusses the essential elements to include in your services business contract, using an example of a one-page contract from their early days. Key points cover the basics that should be part of any contract and tools for quickly obtaining legally binding signatures. The video offers a free contract template that viewers can use to start signing more clients. Additionally, the presenter promotes "Signaturely," a tool for managing contracts. Viewers are encouraged to like the video, subscribe for more content, and comment on their interest. Links for the free contract template and Signaturely are provided in the description.