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In this video tutorial, the speaker discusses the key elements to include in a services business contract. They provide a one-page contract template for viewers to use and emphasize the importance of having legally binding contracts signed quickly. The speaker also mentions a tool, Signaturely, that can be used for this purpose. Viewers are encouraged to like, subscribe, and leave a comment for more content like this. They can access the free contract template by clicking a link in the video description.