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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They review a one-page contract used initially and highlight the fundamentals necessary for creating a legally binding agreement. The presenter introduces tools that facilitate quick signing of contracts and offers a free contract template to help viewers secure more clients. They encourage viewers to like the video, subscribe to the channel for similar content, and comment for more videos. Additionally, viewers can access the free contract template and the suggested tool, Signaturely, through provided links.