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In this video tutorial, the presenter discusses the essential elements that should be included in a services business contract. They will review a one-page contract from their early business days and highlight key components necessary for effective contracts. Additionally, the presenter introduces tools to facilitate quick, legally binding contract signing. Viewers are invited to stay tuned for a free contract template and encouraged to engage by liking the video, subscribing, and commenting for more content. The video also mentions Signaturely as a suggested tool for managing contracts, with links provided for easy access to the template and the tool.