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In this video tutorial, the speaker discusses essential elements to include in a services business contract, using a one-page contract from their early experiences as a reference. They emphasize the basics of contract composition and introduce tools for quickly obtaining legally binding signatures. The video promises a free contract template for viewers to help them sign more clients for their services. The speaker encourages viewers to like the video, subscribe, and comment for more related content. Links for the free contract template and a signature tool called Signaturely are provided for easy access.