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In this video tutorial, the presenter discusses essential elements of a services business contract, specifically a one-page contract used in their early days. They outline the basics to include in the contract and recommend tools for quick, legally binding signatures. The presenter offers a free contract template for viewers to start signing clients and encourages engagement through likes, comments, and subscriptions. Additionally, viewers can access the signature tool, Signaturely, through a provided link. The video aims to simplify the process of creating contracts and signing new clients for service-based businesses.