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In this video, the presenter discusses the importance of having a services business contract. They go through a one-page contract template, explaining the basics that should be included. The video also mentions tools available for creating legally binding contracts quickly. The presenter offers a free contract template for viewers to use and mentions a tool called Signaturely. Viewers are encouraged to like, subscribe, and leave a comment for more content. Links for the free contract template and Signaturely are provided.