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In this tutorial, the presenter discusses the essential elements that should be included in a services business contract. They review a one-page contract used in the early stages of their business and highlight fundamental components necessary for a comprehensive agreement. Additionally, the video provides tools that can facilitate the quick signing of legally binding contracts. A free contract template is available for viewers, along with a recommendation for Signaturely, a tool to streamline the signing process. The presenter encourages viewers to like, subscribe, and comment for more related content. Links for the free template and Signaturely are provided in the description.