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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They highlight a one-page contract used in their early days and provide insights on the basics that should be incorporated. Viewers are introduced to tools for quickly obtaining legally binding signatures. The presenter offers a free contract template and encourages viewers to like, subscribe, and comment for similar content. Additionally, they mention a tool called Signaturely for efficient contract signing, providing links for viewers interested in obtaining the free template and the signature tool. The tutorial aims to help viewers start signing more clients effectively.