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In this video tutorial, the presenter discusses essential elements to include in a services business contract, using a one-page contract from their early days as a reference. They emphasize the basics critical for a legally binding agreement and introduce tools for quickly signing contracts. A free contract template is offered for viewers to start securing clients, along with a recommendation for a tool called Signaturely. The presenter encourages viewers to like, subscribe, and comment for more content and provides links for the free template and Signaturely. The session aims to simplify the contracting process for service-based businesses.