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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They review a one-page contract used at the start of their business and outline the basic components necessary for effective agreements. Additionally, the presenter introduces tools that facilitate the quick signing of legally binding contracts. A free contract template is offered for viewers to begin signing clients more efficiently. The video encourages liking, subscribing, and commenting for more content, and provides links to access the free contract template and the signature tool discussed.