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so today i will explain how to make a contract making a contract is an important task and it should be done only after thinking about the relationship that you want to build with the other party dont fall into the trap of thinking that you dont need a contract even if you make business with a family member and i would say in particular if you make business with a family member you do need a contract so lets learn how to draft one lets see how to draft a contract in three easy steps the first step is the introduction the first part of the contract most contracts follow the same basic format they begin with an introduction which identifies the agreement through a title like for example sale agreement and include date names and addresses of the parties object of the contract details of the goods that youre selling or scope of work if you provide the service price of the goods or fees for the service that you are providing and duration in other words for how long the contract is made
