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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They go through a one-page contract used in the early stages of their business, highlighting the basics needed for an effective contract. Viewers can expect insights into tools for quickly obtaining legally binding signatures. Additionally, a free contract template will be provided to help viewers sign more clients. The presenter encourages engagement by asking viewers to like the video, subscribe, and comment for more similar content. Links are available for both the free contract template and the recommended tool, Signaturely.