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In this video tutorial, the speaker discusses the essentials that should be included in a services business contract, referencing a one-page contract used at the beginning of their journey. They outline basic components of effective contracts and introduce tools for quickly obtaining legally binding signatures. Additionally, viewers are offered a free contract template to help them secure more clients. The speaker encourages engagement through likes, subscriptions, and comments, and provides links to access the free template and a tool called Signaturely. The focus is on simplifying contract processes in the services business.