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In this video tutorial, the presenter discusses essential components of a services business contract. They review a one-page contract previously used at the beginning of their business, highlighting basic elements to include and tools for quickly obtaining legally binding signatures. The presenter offers a free contract template for viewers to use to secure more clients. Additionally, they encourage viewers to like the video, subscribe, and comment for more similar content. Links are provided for accessing the free contract template and Signaturely, a tool for signing contracts electronically. The video aims to streamline the contract process for services businesses.