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In this tutorial, the speaker discusses the essential elements of a services business contract, referencing a one-page contract used in their early days. They highlight the basics that should be included in any contract and introduce tools for quickly obtaining legally binding signatures. The video promises a free contract template to help viewers secure more clients for their services business. Viewers are encouraged to like the video, subscribe, and comment for more content, and they can access the free contract template and a recommended signing tool, Signaturely, via provided links.