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In this tutorial, the speaker discusses the essential elements of a services business contract, drawing from a basic one-page contract used in their early days. They emphasize the importance of having legally binding contracts and introduce tools for quick signing. The video includes a free contract template for viewers to use in securing clients, encouraging likes, subscriptions, and comments for more similar content. The speaker mentions Signaturely, a tool for creating and managing contracts, and invites viewers to access both the contract template and the tool through provided links. The session aims to streamline the process of creating effective contracts for service businesses.