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In this video tutorial, the presenter discusses essential elements to include in a services business contract, using a one-page contract from their early days as a reference. They cover the basics needed for effective contracts and introduce tools for quick, legally binding signatures. The presenter offers a free contract template for viewers to use and encourages engagement with the video through likes, subscriptions, and comments. Additionally, they mention Signaturely, a tool for electronic signatures, providing links for viewers to access the template and the tool easily.