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In this video tutorial, the speaker discusses the importance of having a services business contract. They share a one-page contract template that can be used to sign more clients quickly. The basics that should be included in a contract are emphasized, along with tools like Signaturely that can help with legally binding contracts. The viewer is encouraged to like, comment, and subscribe for more content, and can access the free contract template and Signaturely tool by clicking the links in the video description.