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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They review a one-page contract used during their initial business phase, highlighting key components and offering tools for quickly obtaining legally binding signatures. The presenter encourages viewers to engage by liking the video, subscribing, and leaving comments for more content. Additionally, they provide a free contract template and introduce "signaturely," a tool for facilitating signatures, inviting viewers to access both through provided links.