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In this video tutorial, the speaker discusses the essential elements needed in a services business contract. They review a one-page contract used in their early days, emphasizing the basics necessary for a solid agreement. The video also introduces tools for quickly obtaining legally binding signatures. Viewers are invited to access a free contract template and learn about Signaturely, a tool for signing documents. The speaker encourages likes, subscriptions, and comments for more similar content and provides links for free resources, including the contract template and Signaturely.