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In this tutorial, the presenter discusses essential elements to include in a services business contract. They review a one-page contract used at the start of their business and highlight key components necessary for crafting effective contracts. The video also introduces tools for quickly obtaining legally binding signatures, emphasizing ease of use for signing clients. Additionally, a free contract template will be provided for viewers. The presenter encourages interaction by asking viewers to like the video, subscribe, and comment for more content. Links for the free contract template and the signature tool, Signaturely, are provided in the video description.