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In this tutorial, the speaker discusses the essential components of a services business contract, using a one-page contract example from their early startup days. Key points include the basics of what to include in the contract and tools for quick, legally binding signature collection. The video also offers a free contract template for viewers to use and encourages audience engagement through likes, subscriptions, and comments. Additionally, the tutorial highlights the use of a tool called Signaturely for contract signing. Viewers can access the free contract template and Signaturely via links provided in the video description.