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In this video tutorial, the speaker discusses the essential elements to include in a services business contract, using a one-page contract from their early days as a reference. The focus is on the basics necessary for creating a legally binding contract and introduces tools to facilitate quick contract signing. The speaker offers a free contract template for viewers to use to attract more clients, encouraging engagement through likes, comments, and subscriptions. Additionally, they mention Signaturely as a helpful tool for online signatures and provide links for viewers to access both the template and the tool.