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In this video tutorial, the presenter discusses the essential elements of a services business contract. They review a one-page contract used in the early stages of their business and outline the basic components that should be included. The tutorial also introduces tools for quickly obtaining legally binding signatures on contracts. Additionally, the presenter offers a free contract template for viewers to download and use to attract more clients. They encourage viewers to engage with the content by liking the video, subscribing, and leaving comments. Links to the free contract template and to Signaturely, a signing tool, are provided for viewers interested in additional resources.