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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 as a reference from their early days. They highlight the basics necessary for a legal contract and introduce tools to facilitate the quick signing of binding agreements. Additionally, viewers can access a free contract template to help them secure more clients. The presenter encourages engagement by asking viewers to like the video, subscribe, and comment for more similar content. Links for the free contract template and the signature tool, Signaturely, are provided below the video.