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In this video tutorial, the speaker discusses the importance of having a contract for your services business. They go through a one-page contract template, highlighting the basics that should be included. The video also mentions tools that can be used to quickly get legally binding contracts signed. The speaker offers a free contract template for viewers to use and mentions Signaturely as a tool for creating contracts. Make sure to like, subscribe, and leave a comment for more content. Click the provided links for the free template and Signaturely.