The document provides tips on how to draft a strong contract, including keeping it simple, spelling out all details, including conflict resolution procedures, using shall to indicate a legal requirement, avoiding unnecessary legalese, developing an outline to prevent omissions, being concise, simplifying language, using active voice and base verbs rather than nouns, ensuring all parties can participate, and including consideration, terms, confidentiality clauses, termination clauses, and ensuring it follows applicable laws. Key elements of a valid contract are also listed.