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The video tutorial discusses the key components that should be included in a services business contract. It suggests using a one-page contract template to streamline the process of getting legally binding contracts signed quickly. The video provides a free contract template for viewers to use and recommends using a tool called Signaturely for managing contracts. To access the template and learn more about Signaturely, viewers can click on the provided links. Make sure to like, subscribe, and leave a comment for more content like this.