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In this tutorial, the presenter discusses essential elements for a services business contract, using a one-page template they previously employed. Key points include the basics that should be included in the contract and tools to facilitate the quick signing of legally binding agreements. The video offers a free contract template for viewers and highlights a tool called Signaturely for managing contract signatures. Viewers are encouraged to like the video, subscribe for more content, and leave comments. Links for the free contract template and Signaturely are provided for easy access.