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In this tutorial, the presenter discusses the essential components of a services business contract, referencing a one-page contract used in their early days. They outline basic elements to include and introduce tools for quickly securing legally binding signatures. The video promises a free contract template that viewers can use to sign new clients, and encourages engagement through likes and comments for more similar content. Viewers can access the free contract template and the signature tool, Signaturely, via provided links. The presenter emphasizes the importance of contracts in establishing a services business.