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In this video tutorial, the presenter discusses essential elements to include in a services business contract, showcasing a one-page contract used during the early days of their business. Key topics include the basics of contract clauses and tools for efficiently obtaining legally binding signatures. The video emphasizes the importance of having a solid contract to secure clients and offers a free contract template for viewers. Additionally, the presenter introduces Signaturely, a tool for signing contracts quickly, and encourages viewer engagement through likes, comments, and subscriptions. Links for the free template and Signaturely are provided in the description.