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In this video tutorial, the speaker discusses the key elements that should be included in a services business contract. They mention using a one-page contract template and tools like Signaturely to quickly obtain legally binding contracts. The speaker offers a free contract template for viewers to use and suggests subscribing to their channel for more content. They also provide a link to access the contract template and the Signaturely tool. The tutorial emphasizes the importance of having a solid contract in place for service-based businesses.