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In this video tutorial, the presenter discusses essential elements to include in a services business contract, using a one-page template from their early days. They guide viewers through the basics of contract formulation and introduce tools for quickly obtaining legally binding signatures. The tutorial promises a free contract template for viewers to enhance their client acquisition efforts. The presenter encourages engagement through likes, subscriptions, and comments, while also providing links to access the free template and a signing tool called Signaturely. Overall, the video aims to equip viewers with necessary contracting knowledge and resources.