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In this video tutorial, the speaker discusses the key elements that should be included in a services business contract. They provide a one-page contract template and talk about tools, such as Signaturely, that can be used to quickly sign legally binding contracts. The video offers a free contract template for viewers to use and emphasizes the importance of having a well-written contract in place to secure more clients for their services business. Viewers are encouraged to like, subscribe, and leave a comment for more content like this.