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In this video tutorial, the presenter discusses essential elements that should be included in a services business contract. They review a one-page contract used in their early days and provide insights on creating legally binding contracts quickly. Viewers will receive a free contract template to help them sign more clients. The presenter encourages viewers to like the video, subscribe, and comment for more similar content. Additionally, links are provided for the free contract template and a tool called Signaturely, which facilitates the signing process. The video aims to guide viewers in improving their contract practices for their services business.