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In this video tutorial, the presenter discusses essential components that should be included in a services business contract. They review a one-page contract used in the early stages of their business, highlighting the basics that need to be present. The tutorial also introduces tools for quickly getting legally binding contracts signed. A free contract template is offered to viewers, allowing them to effectively start signing clients. The presenter encourages audience engagement through likes, subscriptions, and comments, and provides links for the free contract template and the e-signature tool, Signaturely.