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In this video tutorial, the speaker discusses the key components that should be included in a services business contract. They provide a one-page contract template and also recommend using tools like Signaturely for quick and legally binding contract signing. The speaker offers a free contract template and encourages viewers to like, subscribe, and leave a comment for more content. They also provide links for accessing the free contract template and using Signaturely. The speaker emphasizes the importance of having a clear and concise contract in place for your services business.