Some of the best practices are:
1. You should always dispose SPsite and SPWeb objects, once you refer them in your code. Using the “Using” clause is recommended.
2. Use RunwithelevatePrivilages to avoid errors for end users.
3. Try writing your errors to SharePoint error logs (ULS Logs). Since it’s a bad idea to fill-up event log for your production environment.
4. Use SPQuery instead of foreach loop while retrieving Items from the list.
5. Deploy additional files used in your webpart to 12 hive. Use your solution package to drop the files in 12 hive. Also, make sure that all the references (for e.g. Css or .js files) get removed when the solution is retracted.
