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In this video tutorial, the presenter discusses essential elements for a services business contract and shares a one-page contract used in their early days. Key points include the basics that should be included in contracts, along with tools for efficiently signing legally binding agreements. The presenter offers a free contract template and encourages viewers to like the video, subscribe, and leave comments for more content. They also introduce Signaturely, a tool for contract signing, and provide links for viewers to access the free template and the tool mentioned. The video aims to facilitate client onboarding for service businesses.