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In this video tutorial, the speaker discusses the essential elements that should be included in a services business contract. They provide a one-page contract template and discuss tools that can be used to quickly obtain legally binding contracts. The viewer is encouraged to like the video, subscribe to the channel, and leave a comment for more content. A free contract template and a tool called Signaturely are also provided. Watch the video for more details and to learn how to start signing more clients for your services business.