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In this video tutorial, the presenter discusses essential elements to include in a services business contract, using a one-page contract from their early days as an example. Key points include basic components necessary for a legally binding agreement and tools that facilitate quick contract signing. The presenter offers a free contract template and a tool called Signaturely for viewers who want to streamline their contract processes. Additionally, viewers are encouraged to engage with the video by liking, subscribing, and commenting for similar content. Links for the free template and Signaturely are provided for easy access.