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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 in the past, highlighting the basic components necessary for effective agreements. The video also introduces tools for quickly signing legally binding contracts, emphasizing the importance of efficiency in client acquisition. Viewers are encouraged to like, subscribe, and comment for more content, and they can access a free contract template by clicking a provided link. Additionally, the presenter mentions Signaturely, a tool for facilitating contract signing.