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In this video tutorial, the speaker discusses the essential elements to include in a services business contract, using a one-page contract from their early days as a reference. They outline key components necessary for a solid contract and introduce tools for quickly obtaining legally binding signatures. The tutorial emphasizes a free contract template available for viewers to use, encouraging engagement through likes and comments. Additionally, the speaker promotes Signaturely, a tool for signing contracts efficiently, providing links for both the contract template and Signaturely in the description. Overall, the video aims to assist viewers in signing more clients through effective contract management.