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In this video tutorial, the presenter discusses the essential elements that should be included in a services business contract. They review a one-page contract used in their early days and outline key basics necessary for an effective contract. Additionally, tools for quickly obtaining legally binding signatures are introduced. Viewers are offered a free contract template to help them sign more clients, with links provided for easy access. The video encourages likes, subscriptions, and comments for more content. The tool "Signaturely" is also mentioned, with a link available for viewers interested in using it.