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In this video tutorial, the speaker discusses essential elements to include in a services business contract. They review a one-page contract used in their early days and highlight key basics for effective contracts. The tutorial also introduces tools for quickly obtaining legally binding signatures. Viewers are encouraged to like the video, subscribe, and comment for more content. A free contract template is offered, available through a provided link, as well as a tool called Signaturely, which facilitates the signing process. The focus is on equipping service businesses to effectively sign more clients.