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In this video tutorial, the presenter discusses essential components of a services business contract, using a one-page contract from their early days as a reference. Key points about what should be included in contracts are covered, along with tools for quickly obtaining legally binding signatures. Viewers can access a free contract template to start onboarding clients and are encouraged to engage with the content by liking, subscribing, and commenting. Additionally, the video includes information about Signaturely, a tool for signing contracts digitally, with links provided for viewers to access both the template and the tool. The focus is on simplifying the contract process for service businesses.