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In today's video, the host discusses essential elements that should be included in a services business contract. They review a one-page contract used in their early days and highlight the basic components necessary for a legally binding agreement. Additionally, the host introduces tools to facilitate quick contract signing. Viewers are encouraged to like the video, subscribe, and comment for more similar content. A free contract template is offered, which can be accessed via a provided link, along with a recommendation for Signaturely, a tool for efficient contract management. The video aims to equip viewers with resources to start signing more clients for their services business.