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In this video tutorial, the presenter discusses essential elements that should be included in a services business contract. They review a one-page contract previously used and highlight key components necessary for creating effective agreements. The video also introduces tools for quickly obtaining legally binding signatures. Viewers are encouraged to engage with the content by liking the video, subscribing, and leaving comments for more tutorials. A free contract template is offered, along with a link to Signaturely, a tool for signing contracts. The presenter emphasizes the importance of having a solid contract in place to help secure more clients.