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In this video tutorial, the speaker discusses the essential elements that should be included in a services business contract today. They provide a one-page contract template that can be used to sign more clients quickly. The speaker also introduces Signaturely, a tool for creating legally binding contracts. Viewers are encouraged to like, subscribe, and leave a comment for more content. The free contract template and Signaturely tool are available through the links provided. Let's explore the importance of contracts in a services business.