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In this video tutorial, the presenter discusses the essential elements that should be included in a services business contract. They review a one-page contract previously used and highlight the basics necessary for a legally binding agreement. The tutorial also introduces tools that facilitate quick signing of contracts. Furthermore, viewers are offered a free contract template to assist in acquiring clients for their services business. The video encourages likes and subscriptions and offers links for the free contract template and a signing tool called Signaturely. The emphasis is on the importance of having a proper contract in place for business success.