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In this YouTube video tutorial, the speaker discusses the key elements that should be included in a services business contract, emphasizing the importance of legally binding agreements. They provide a one-page contract template for viewers to use in their own businesses, as well as recommend a tool called Signaturely for quick contract signing. The speaker encourages viewers to like, subscribe, and comment for more content, and to access the free contract template and Signaturely tool through the provided links.