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The video tutorial discusses the importance of having a service business contract and provides a one-page contract template that can be used to sign more clients quickly. The key points include the basics that should be included in a contract, tools for creating legally binding contracts, and the option to download a free contract template and use Signaturely for signing contracts. The tutorial encourages viewers to like, subscribe, and leave a comment for more content. Click the link below for the free contract template and Signaturely tool.