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In this video tutorial, the speaker discusses the key elements that should be included in a services business contract. The focus is on a one-page contract template that can be used to quickly sign legally binding agreements with clients. The speaker offers a free contract template for viewers to use and also mentions a tool called Signaturely for creating and signing contracts. Viewers are encouraged to like, subscribe, and leave a comment for more content. The emphasis is on the importance of having a clear and concise contract in place for service-based businesses.