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In this video tutorial, the speaker discusses the key elements that should be included in a services business contract. He provides a one-page contract template and emphasizes the importance of having legally binding contracts signed quickly. The video also introduces a tool called Signaturely for creating contracts. Viewers are encouraged to like the video, subscribe for more content, and download the free contract template and Signaturely tool. Stick around for more information on creating contracts for your services business.