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In this video tutorial, the host discusses essential elements that should be included in a services business contract. They review a one-page contract they initially used, highlighting the basics for a legally binding agreement. The video also introduces tools for efficiently signing contracts, including a suggestion of using Signaturely. Additionally, viewers can access a free contract template and links for further resources by clicking provided links. The host encourages engagement by asking viewers to like the video, subscribe, and comment if they desire more similar content.