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In this tutorial, the host discusses the essential elements of a services business contract, using an example of a one-page contract from their early days. The video covers basics to include in your contract and highlights tools for quickly obtaining legally binding signatures. The host offers a free contract template for viewers to use, encouraging them to like, subscribe, and comment for more content. Additionally, information on the signaturely tool is provided, with links for viewers to access the contract template and signaturely tool conveniently.