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In this video tutorial, the speaker discusses the essential elements to include in a services business contract. They review a one-page contract used during the early stages of their business, outlining the basics that should be present in any contract. The speaker also introduces tools for quickly obtaining legally binding signatures. Viewers are encouraged to like the video, subscribe, and comment for more content. Additionally, a free contract template is offered, accessible through a provided link, along with a recommendation for using Signaturely, a tool for contract signing. The video aims to help viewers secure more clients for their services business.