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In this tutorial, the presenter discusses the essential elements to include in a services business contract, referencing a one-page contract used during their startup phase. They outline basic components critical for crafting effective contracts and recommend tools for quick, legally binding signatures. A free contract template is offered to viewers to help them secure clients, alongside promotion for a tool called Signaturely for effortless contract signing. The video encourages viewer interaction through likes, comments, and subscriptions, while providing accessible links to the free template and Signaturely.