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In this video tutorial, the speaker discusses the key components that should be included in a services business contract. They provide a one-page contract template and suggest using tools like Signaturely for quick and legally binding contract signatures. Viewers are encouraged to like, subscribe, and leave comments for more similar content. They can also access the free contract template and try out Signaturely by clicking the provided links. The speaker emphasizes the importance of having a thorough contract in place for service businesses.