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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They reveal a one-page contract template used in their early days and emphasize the basics necessary for effective contracts. The tutorial also highlights tools for quickly obtaining legally binding signatures. Viewers are encouraged to like the video, subscribe, and comment for more similar content. A free contract template is offered, accessible via a link, along with a recommendation for Signaturely, the featured signature tool. The video aims to help viewers sign more clients efficiently by using the provided resources.