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In this video tutorial, the speaker discusses essential elements to include in a services business contract, using an example of a one-page contract used at the start of their business. Key points about the basics needed in contracts are outlined, along with tools for quick, legally binding signatures. The speaker offers a free contract template for viewers to use to secure clients more effectively. Viewers are encouraged to like the video, subscribe, and comment for more content. Additionally, links for the free template and the recommended tool, Signaturely, are provided for easy access.