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In this video tutorial, the presenter discusses essential elements to include in a services business contract, based on a one-page contract they used early on. They outline the basics of contract components and introduce tools for quickly obtaining legally binding signatures. The presenter also offers a free contract template for viewers to utilize in securing clients for their services business. Additionally, they mention a specific tool called Signaturely that can assist with this process. Viewers are encouraged to like, subscribe, and comment for more content, and can access the free contract template and Signaturely through provided links.