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In this video tutorial, the presenter discusses key elements to include in a services business contract using a one-page template from their early days. They outline the basics of contract formulation and highlight tools for quickly obtaining legally binding signatures. Viewers are encouraged to engage with the video by liking, subscribing, and leaving comments for more related content. A free contract template is offered, along with a recommendation for a tool called Signaturely to streamline the signing process. Links for both resources are available in the video description. The presenter emphasizes the importance of having a solid contract for client onboarding.