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In this video tutorial, the presenter discusses the essential components of a services business contract by reviewing a one-page contract used in the past. Key topics include the basic elements needed in a contract and tools for quickly signing legally binding agreements. The presenter offers a free contract template for viewers to use to secure more clients in their services business. Additionally, viewers are encouraged to like, subscribe, and comment for more content. A tool called Signaturely, which assists with signing contracts, is also mentioned, with links provided for viewers to access the template and the tool.