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In this video tutorial, the presenter discusses essential elements to include in a services business contract, referencing a one-page contract used in their early days. They aim to cover the basics of contract components and introduce tools for quickly obtaining legally binding signatures. Viewers are encouraged to engage with the content by liking the video, subscribing, and commenting for more similar material. The presenter offers a free contract template for viewers to utilize in acquiring new clients, along with a tool named Signaturely for facilitating contract signing. Links for both the free template and Signaturely are provided in the description.