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In this video tutorial, the presenter discusses the essential elements of a services business contract, using a one-page template from their early days. They outline the basics that should be included in such contracts and introduce tools to facilitate quick signing of legally binding agreements. The video provides a free contract template for viewers to use, encouraging them to engage with the content by liking, subscribing, and leaving comments. Additionally, the video promotes Signaturely, a tool for contract signing, with links provided for viewers who want to access the template and the tool. The aim is to help viewers streamline client acquisition through effective contracts.