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In this video tutorial, the host discusses the essential elements that should be included in a services business contract. They review a one-page contract used in the early stages of their business, highlighting key components and tools for quickly obtaining legally binding signatures. The host also offers a free contract template for viewers to use in acquiring clients. They encourage engagement by asking viewers to like the video, subscribe, and leave comments. Additionally, links are provided for the free contract template and a tool called Signaturely, which facilitates contract signing. The focus is on making the contracting process efficient for services businesses.