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In this video tutorial, the host discusses essential elements to include in a services business contract and presents a one-page contract template used during the early stages of their business. The tutorial covers the basics of what should be in a contract and introduces tools for obtaining legally binding signatures quickly. A free contract template is offered for viewers to use, and links are provided for further resources, including Signaturely, a tool for signing contracts. The host encourages viewers to like the video, subscribe, and leave comments for more similar content, emphasizing the importance of having effective contracts for client engagements.