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In this video tutorial, the host discusses essential elements that should be included in a services business contract. They review a sample one-page contract used at the beginning of their business, highlighting the basics and tools for quickly obtaining legally binding signatures. The host encourages viewers to stay engaged for a free contract template that can help them sign more clients. They invite viewers to like the video, subscribe, and comment for more similar content. Additionally, a mention is made of a tool called Signaturely for managing contract signatures, with links provided for accessing both the template and the tool.