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In this video tutorial, the presenter discusses the essential elements that should be included in a services business contract, referencing a one-page contract they previously used. They highlight the importance of having a legally binding agreement to facilitate client signings and outline tools to streamline the signature process. The presenter offers a free contract template for viewers to use and encourages engagement by asking for likes, comments, and subscriptions. Additionally, they mention a tool called Signaturely for quick contract signing, with links available in the description for both the template and the tool.