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In this video tutorial, the speaker discusses the essential elements to include in a services business contract, referencing a one-page contract used when starting out. Key points cover the basics of contract creation and recommended tools for obtaining legally binding signatures quickly. The speaker offers a free contract template for viewers to utilize in securing clients. Additionally, viewers are encouraged to like the video, subscribe, and leave comments for more similar content. A specific tool for signing contracts, called Signaturely, is also mentioned, with links provided for access to the template and tool.