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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 an example. Key points cover the basics of contract components and tools for quickly obtaining legally binding signatures. The presenter also offers a free contract template to help viewers sign more clients for their services business. Viewers are encouraged to like the video, subscribe, and comment for more content. Additionally, links to the free contract template and a tool called "Signaturely" are provided for viewers to access.