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In this tutorial, the speaker discusses essential elements to include in a services business contract. They share a one-page contract used in the early stages of their business and highlight key components necessary for effective contracts. The video also introduces tools for quickly obtaining legally binding signatures. Viewers are encouraged to like the video, subscribe for more content, and leave comments for additional topics. A free contract template is offered, accessible through a provided link, along with a suggestion to use the tool Signaturely for contract signing.