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In this video tutorial, the presenter discusses essential elements that should be included in a services business contract, using a one-page contract from their early days as a reference. They emphasize the basics of creating legally binding contracts and mention tools to facilitate quick signing. The video includes a free contract template for viewers, available through a provided link. Additionally, the presenter introduces Signaturely, a tool for signing contracts, inviting viewers to click the link for access. They encourage engagement by asking viewers to like, subscribe, and comment for more content.