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In this video tutorial, the presenter discusses essential elements to include in a services business contract, referencing an old one-page contract used in their early days. They emphasize the basics of a contract and introduce tools for quickly obtaining legally binding signatures. Viewers are encouraged to engage with the content by liking, subscribing, and leaving comments. A free contract template available through a link is offered to help start signing clients, along with information about a tool called Signaturely for managing contracts. The presenter invites viewers to stick around for the detailed contract overview.