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In this video tutorial, the presenter discusses the importance of having a contract as a freelance social media manager. Key topics include whether a contract is necessary, what to include in it, and who determines its terms. The necessity of using tools for sending and signing the contract is also addressed. The speaker emphasizes the need for a contract, highlighting sections such as pricing, starting and ending dates, and cancellation procedures. Additionally, viewers can expect a real-life example of a contract used by the presenter for several years with a client. The video encourages subscriptions and engagement from newcomers to the channel.