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In this video tutorial, the presenter discusses essential elements to include in a services business contract and shares a one-page contract used when they first started. They emphasize the basics of contract formation and introduce tools for quickly signing legally binding contracts. The video offers a free contract template to help viewers start signing clients for their services business. Viewers are encouraged to like the video, subscribe for more content, leave comments, and access the free contract template and the tool Signaturely through provided links. The tutorial aims to simplify the contract creation process for service providers.