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In this video tutorial, the presenter discusses the essential elements of a services business contract, reviewing a one-page contract used in the early stages of their business. They outline the key components that should be included in a contract and introduce tools for quickly obtaining legally binding signatures. A free contract template is provided for viewers to use to sign more clients. The presenter encourages engagement by asking viewers to like the video, subscribe, and leave comments for more content. Links for the free contract template and the signature tool, Signaturely, are available in the description.