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In this video tutorial, the speaker discusses essential elements that should be included in a services business contract. They review a one-page contract used during the early days of their business, highlighting the basics and tools for quickly obtaining legally binding signatures. The tutorial aims to assist viewers in signing more clients by providing a free contract template. Viewers are encouraged to like the video, subscribe, and leave feedback if they want more similar content. Additionally, links are provided for accessing the free contract template and a tool called Signaturely, which helps streamline the signature process.