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In this video tutorial, the presenter discusses essential elements for a services business contract, using a one-page contract from their early days as a reference. Key points include the basics that should be included in contracts and tools for swiftly obtaining legally binding signatures. The presenter also offers a free contract template that viewers can use to streamline client onboarding. To access the template and the signature tool called Signaturely, links are provided in the video description. The tutorial encourages engagement through likes, subscriptions, and comments for more similar content.