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In this video tutorial, the presenter discusses the essential components of a services business contract, using a one-page contract from their early days as an example. They outline basic elements to include in contracts and introduce tools for quickly obtaining legally binding signatures. The presenter also offers a free contract template for viewers to use in signing new clients. Viewers are encouraged to like the video, subscribe, and leave comments for more content. Links are provided for accessing the free template and a signature tool called Signaturely.