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In today's video tutorial, the host discusses the essential elements that should be included in a services business contract. They review a one-page contract used at the start of their business, highlighting the basics necessary for effective contracts and suggesting tools for quickly obtaining legally binding signatures. Additionally, viewers are offered a free contract template to help them secure more clients in their services business. The host encourages viewers to like the video, subscribe for more content, and leave comments for future video requests. Links to the free contract template and the electronic signing tool Signaturely are also provided.