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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They review a one-page contract used during the early days of their business, highlighting the basics needed for an effective contract. The presenter also introduces tools that facilitate quick, legally binding signatures. Viewers are encouraged to like the video, subscribe for more content, and leave comments for additional topics. A free contract template is offered, accessible via a provided link, along with information about Signaturely, the signing tool showcased in the tutorial.