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In this video tutorial, the presenter discusses the essential elements of a services business contract, using a one-page template from their early days. They outline the key components that should be included in any contract and introduce tools for obtaining legally binding signatures quickly. Viewers can access a free contract template and learn about Signaturely, a tool for signing contracts efficiently, by clicking on the provided links. The presenter encourages engagement by asking viewers to like the video, subscribe, and comment if they want more content on this topic.