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In this tutorial, the speaker discusses essential elements to include in a services business contract, using a one-page template from their early days. They highlight basics for drafting contracts and introduce tools for quickly obtaining legally binding signatures. The video aims to provide valuable insights for viewers to effectively establish contracts and secure clients. A free contract template is offered, along with a tool called Signaturely for managing signatures. Viewers are encouraged to like, subscribe, and engage with the content, with links available for accessing the contract template and Signaturely.