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You may want to have an attorney review and make suggestions on a template of your business contract. An attorney can pinpoint issues for your particular business that you may need to include in the agreement. You can use a business agreement template and modify it to fit your needs, rather than writing the agreement from scratch.
Who Can Sign - For partnerships, only general partners can sign a contract, not a limited partner. For LLC's, a managing member or a hired manager can sign. For corporations, the company's president or chief executive officer is presumed to have the authority to sign. For an organization or association, a board president would have the authority, but may require a vote of the governing board to approve the deal.