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In this video tutorial, the presenter discusses essential elements that should be included in a services business contract. They plan to review a one-page contract used in their early days and highlight key basics alongside tools for quickly obtaining legally binding signatures. The video promises a free contract template viewers can use for their own service business. The presenter encourages viewers to like, subscribe, and comment for more content, and provides links to access the free contract template and the e-signature tool, Signaturely. The focus is on simplifying the contract process to help businesses secure clients efficiently.