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In this video tutorial, the presenter discusses essential elements to include in a services business contract, focusing on a one-page contract they initially used. Key points cover the basics of contract creation and tools for quickly obtaining legally binding signatures. The presenter offers a free contract template for viewers, encouraging them to engage with the content by liking the video, subscribing, and commenting for more similar videos. Additionally, viewers can access Signaturely, a tool for contract management, through provided links. The tutorial aims to help viewers streamline the process of signing clients for their services business.