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In this video tutorial, the speaker discusses essential components for a services business contract, referring to a one-page contract previously used. The focus is on the basics that should be included in a contract and introducing tools for quickly obtaining legally binding signatures. The speaker promises a free contract template for viewers to use to help sign more clients. Additionally, they mention Signaturely as a tool for signing contracts and provide links for viewers to access both the template and the tool. The video encourages likes, subscriptions, and comments for more similar content.