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In this video tutorial, the speaker discusses essential elements to include in a services business contract. They review a one-page contract used at the start of their business and highlight key basics for an effective contract. Additionally, the tutorial presents tools for efficiently obtaining legally binding signatures. Viewers are encouraged to like the video, subscribe for more content, and leave comments for future topics. A free contract template is provided, along with a link to Signaturely, an e-signature tool. The session aims to help viewers start signing clients quickly with the right contract setup.