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In this video tutorial, the speaker discusses essential elements to include in a services business contract, using a one-page template from their early days. Key topics covered include basic contract components and tools for quickly obtaining legally binding signatures. The speaker emphasizes the importance of contracts for securing clients and offers a free contract template for viewers. Additionally, they mention Signaturely, a recommended tool for facilitating the signing process. Viewers are encouraged to like the video, subscribe for more content, and comment for additional videos. Links to the free template and Signaturely are provided for easy access.