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In this video tutorial, the presenter discusses the essential elements that should be included in a services business contract. They review a one-page contract used in the early stages of their business and highlight the basics necessary for a strong agreement. The tutorial also introduces tools to expedite the process of obtaining legally binding signatures. Viewers are encouraged to like the video, subscribe, and leave comments for further content. Additionally, a free contract template is offered, along with a tool called Signaturely for signing contracts. Links for both the template and the tool are provided in the description.