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In this video tutorial, the speaker discusses essential elements to include in a services business contract, using an example of a one-page contract from their early days. Key topics include the basics of contract drafting and effective tools for quickly obtaining legally binding signatures. The speaker offers a free contract template that viewers can use to secure more clients and introduces a tool called Signaturely for signing contracts. Viewers are encouraged to like the video, subscribe for more content, and leave comments if interested in similar videos. Links to the free contract template and Signaturely tool are provided.