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In this video tutorial, the importance of having a well-written contract for services businesses is discussed. The speaker shares a one-page contract template and explains the basics that should be included in a contract. They also mention tools, like Signaturely, that can help in getting legally binding contracts signed quickly. Viewers are encouraged to like, subscribe, and comment for more content, as well as to access the free contract template and Signaturely tool. Stick around to learn more about creating effective contracts for your services business.