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In this video tutorial, the presenter discusses essential elements to include in a services business contract, introducing a one-page contract used in the early stages of their business. Key topics include the basics of contract creation and tools for quickly obtaining legally binding signatures. The video promises a free contract template for viewers to use, encouraging them to like, subscribe, and engage in the comments for more content. Additionally, the presenter highlights Signaturely, a tool for signing contracts swiftly, with links provided for viewers to access both the contract template and the tool.