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In this tutorial, the speaker discusses the essential components of a services business contract, using a one-page contract from their early days as a reference. They highlight basic elements that should be included in a contract and share tools for obtaining legally binding signatures quickly. Viewers are encouraged to stay tuned for a free contract template that can help in signing new clients. Additionally, they mention Signaturely as a recommended tool for contract signing and provide links for accessing the free template and the tool. The video encourages engagement through likes, subscriptions, and comments for more similar content.