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In this video tutorial, the instructor discusses the key elements that should be included in a services business contract. They provide a one-page contract template and explain the basics that should be incorporated into contracts. The video also introduces tools, such as Signaturely, that can be used to quickly sign legally binding contracts. Viewers are encouraged to like, subscribe, and comment for more content, as well as to access the free contract template and Signaturely tool through provided links. Stick around for a comprehensive guide on creating effective contracts for your services business.