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In this video tutorial, the host discusses essential elements to include in a services business contract, referencing a one-page contract used at the start of their business. Key topics include the basics of contract formation and tools for quickly acquiring legally binding signatures. The video offers a free contract template for viewers to use in signing clients, and promotes the Signaturely tool for streamlining the signature process. Viewers are encouraged to like the video, subscribe for more content, and leave comments for additional video requests. Links for accessing the free template and Signaturely are provided.