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In this video tutorial, the presenter discusses essential elements to include in a services business contract. They review a one-page contract used during their early days, highlighting the basics that should be incorporated. The video also emphasizes tools available for quickly securing legally binding signatures. A free contract template is offered to viewers to facilitate client onboarding for service businesses. The presenter encourages engagement through likes, comments, and subscriptions. They provide links for viewers to access the free contract template and the signing tool Signaturely. Overall, the tutorial aims to simplify the contract creation process for service providers.