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In this video tutorial, the presenter discusses essential elements to include in a services business contract, showcasing a one-page contract they used initially. Viewers will learn about the basic components necessary for a contract and tools to facilitate quick, legally binding signatures. The presenter offers a free contract template for viewers to use in their own services business. Additionally, the video highlights Signaturely, a tool for managing electronic signatures. To access the free contract template and Signaturely, viewers are encouraged to click the provided links. The video aims to assist entrepreneurs in effectively signing clients while promoting engagement through likes, subscriptions, and comments.