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In this video tutorial, the host discusses essential elements to include in a services business contract, using a past one-page contract as a reference. Key points include what basics should be included in contracts and tools for quickly obtaining legally binding signatures. The host also offers a free contract template for viewers to use to attract more clients. Viewers are encouraged to like the video, subscribe, and leave comments for more similar content. Additionally, links to access the free contract template and a signing tool, Signaturely, are provided. The video aims to simplify the contract process for service-based businesses.