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In this video tutorial, the presenter discusses the essential elements to include in a services business contract. They review a basic one-page contract used in their early days and highlight important components necessary for an effective agreement. The tutorial also introduces tools for quickly obtaining legally binding signatures. Viewers are encouraged to engage with the content by liking the video, subscribing, and leaving comments for more similar topics. A free contract template is offered, along with a recommendation for a tool called Signaturely, with links provided for easy access. The video aims to help viewers streamline their client onboarding process with effective contracts.