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In this video tutorial, the presenter discusses essential components to include in a services business contract. They review a one-page contract used in their early days, highlighting basic elements and tools for obtaining legally binding signatures quickly. The presenter offers a free contract template for viewers to use in signing more clients and encourages audience engagement through likes, subscriptions, and comments. Additionally, a tool called Signaturely is introduced as a means to facilitate the signing process. Links to both the contract template and Signaturely are provided for easy access.