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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They review a one-page contract used at the start of their business and highlight key basics needed for contracts. Additionally, they introduce tools for quickly obtaining legally binding signatures. The video also offers a free contract template for viewers to use in signing clients. The presenter encourages engagement by asking viewers to like the video, subscribe, and comment for more content. Links for the free contract template and the tool Signaturely are available in the description for easy access.