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In this video tutorial, the speaker discusses essential elements of a services business contract, presenting a one-page contract used in the early days of their business. They cover the basics that should be included in a contract and recommend tools for efficiently obtaining legally binding signatures. The video offers a free contract template for viewers to utilize in signing clients. The speaker encourages viewers to like the video, subscribe for more content, and comment for future video requests. Additionally, they provide links for accessing the free contract template and the signature tool “Signaturely.”