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In this video tutorial, the host discusses essential elements to include in a services business contract, referencing a one-page contract used in the early stages of their business. Key points include a review of basic contract components and an introduction to tools that facilitate quick, legally binding contract signatures. The host offers a free contract template and encourages viewers to engage with the content by liking, subscribing, and leaving comments. They also mention Signaturely, a tool for signing contracts, with links provided for viewers to access both the template and the tool. The video aims to help viewers efficiently onboard new clients.