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In this video tutorial, the presenter discusses the essential elements that should be included in a services business contract. They review a one-page contract used in their early days and provide insights on the basics and tools for quickly obtaining legally binding signatures. The video offers a free contract template that viewers can use to attract more clients to their services business. The presenter encourages viewers to like the video, subscribe, and leave comments for more content. Additionally, links are provided for accessing the free contract template and the signature tool, Signaturely, that will be discussed.