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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They review a one-page contract used during the early stages of their business, highlighting key components and providing tools for efficiently obtaining legally binding signatures. The tutorial promises a free contract template for viewers to start signing clients, along with a recommendation for a tool called Signaturely to streamline the signing process. Viewers are encouraged to like, subscribe, and comment for more content, and are provided links to access the free contract template and Signaturely.