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In this video tutorial, the speaker discusses essential components of a services business contract. They review a one-page contract used in their early business days and highlight the basics that should be included. The speaker intends to provide tools for quickly obtaining legally binding signatures and offers a free contract template for viewers to use when signing clients. They encourage viewers to like, subscribe, and comment for more similar content. Additionally, links for the free contract template and the signature tool, Signaturely, are provided in the video description. The session aims to make the contract process easier for service businesses.