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In this video tutorial, the speaker discusses essential elements of a services business contract, referencing a one-page contract used in the past. They cover the basics that should be included in contracts and recommend tools for quickly obtaining legally binding signatures. Viewers are encouraged to engage with the content by liking the video, subscribing, and commenting for more videos. The speaker offers a free contract template and introduces Signaturely, a tool for managing contract signatures. Links for the free template and Signaturely are provided in the description. The aim is to help viewers sign more clients for their services business.