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In this video tutorial, the presenter discusses essential elements to include in a services business contract, using a one-page contract from their early days as a reference. Key points covered include the basics of contract components and tools for quickly obtaining legally binding signatures. The presenter offers a free contract template for viewers to use and encourages engagement through likes, comments, and subscriptions. Additionally, they introduce Signaturely, a tool for managing contract signatures, and provide links for viewers to access both the template and the tool. The video aims to facilitate smoother client onboarding through effective contracts.