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In this video tutorial, the presenter discusses the essential elements of a services business contract by reviewing a one-page contract from their early days. They aim to highlight the basics that should be included in contracts and introduce tools for quickly obtaining legally binding signatures. The presenter also offers a free contract template for viewers to download and use for signing new clients. Additionally, they mention Signaturely, a tool for managing contracts. Viewers are encouraged to like, subscribe, and comment for more content, and they can access both the free contract template and the Signaturely tool through provided links.