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In this video, the presenter discusses essential components that should be included in a services business contract. They review a one-page contract used in the early stages of their business, highlighting key basics for creating your own. The video also introduces tools for quickly obtaining legally binding signatures, specifically Signaturely. Additionally, viewers are offered a free contract template by clicking a provided link. The presenter encourages engagement through likes, comments, and subscriptions for more similar content. Overall, the video aims to equip viewers with the knowledge and resources to create effective contracts for their services business.