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In this video tutorial, the speaker discusses the essential components of a services business contract. They review a one-page contract used in the early days of the business, highlighting the basics that should be included. The tutorial also mentions tools for quickly obtaining legally binding signatures, specifically recommending a tool called Signaturely. The speaker offers a free contract template for viewers to use, encouraging them to engage with the content by liking, subscribing, and commenting. Links are provided for accessing both the contract template and Signaturely. The aim is to help viewers streamline their client onboarding process with effective contracts.