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In this video tutorial, the host discusses essential elements to include in a services business contract, using a previous one-page contract as a reference. Key points include basics that should be present in contracts and tools for quickly obtaining legally binding signatures. The tutorial also offers a free contract template for viewers to utilize in signing new clients. To encourage more content, viewers are asked to like the video, subscribe, and leave comments for additional videos. Links for the free contract template and a signing tool called Signaturely are provided in the description for viewer access.