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In this video tutorial, the speaker discusses the key components that should be included in a services business contract. They go through a one-page contract template and highlight the basics that should be included for legally binding agreements. The tutorial also mentions tools, such as Signaturely, that can help in getting contracts signed quickly. The speaker offers a free contract template for viewers to use, encouraging them to start signing more clients for their services business. They invite viewers to like, subscribe, and leave a comment for more content, and provide links for the free contract template and Signaturely tool.