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In this video tutorial, the presenter discusses essential elements to include in a services business contract, referencing a one-page contract used at the beginning of their journey. Key points cover the basics needed for an effective contract and introduce tools for quickly signing legally binding agreements. A free contract template is offered to help viewers start signing clients, and the host encourages viewers to like the video, subscribe, and comment for more content. Additionally, information about a tool called Signaturely is provided, with links available for both the free template and the signing tool.