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In this video tutorial, the speaker discusses the key elements that should be included in a services business contract. They provide a one-page contract template that can be used to start signing more clients quickly. The importance of legally binding contracts is emphasized, and a tool called Signaturely is recommended for this purpose. Viewers are encouraged to like, subscribe, and leave a comment for more content, as well as to access the free contract template and Signaturely tool through the provided links.