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In this video tutorial, the presenter discusses essential elements that should be included in a services business contract, using a one-page contract as a reference. They provide insights on the basics of creating legally binding contracts and suggest tools for quickly obtaining signatures. The presenter offers a free contract template for viewers to use in their own businesses, encouraging engagement through likes, subscriptions, and comments. Additionally, they introduce a tool called Signaturely, which can facilitate the signing process. Viewers can access the free contract template and Signaturely through provided links.