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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 from their initial business phase and outline the basics of what should be present in your own contracts. Additionally, the video introduces tools for quickly obtaining legally binding signatures. The presenter offers a free contract template for viewers to use and encourages them to engage with the video by liking, subscribing, and commenting. Links to the free template and a tool called Signaturely are provided for easy access. The content aims to help viewers secure more clients for their services business.