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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 previously used and identify key components necessary for an effective agreement. Additionally, the video highlights tools for quickly obtaining legally binding signatures. The presenter offers a free contract template for viewers to use in signing more clients and encourages engagement through likes, subscriptions, and comments. Links to the free template and a tool called Signaturely are provided for access. The overall focus is on creating efficient contracts for service-based businesses.