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In this video tutorial, the presenter discusses essential components to include in a services business contract, referencing a one-page contract previously used. Key topics include the basics of contract creation and tools for quickly obtaining legally binding signatures. The tutorial offers a free contract template for viewers to use, aiming to help them secure more clients. The presenter encourages viewers to engage by liking the video, subscribing, and commenting for more content. Additionally, links for the free contract template and the signature tool, Signaturely, are provided. The session aims to demystify the contract process for service-based businesses.