Contract Confusion Could Cost You Thousands If You Sign Without Backup

By Debbie Balfour | WBN News | April 19, 2025

If you’re signing contracts without a legal review, you might be gambling with your business. Many entrepreneurs assume contracts are “standard” or too simple to worry about—until they’re locked into something they regret.

Even the most routine agreement can contain hidden clauses that limit your rights, inflate your responsibilities, or create loopholes that can be used against you.

Here’s where things can go wrong:

1. One-Sided Terms: Some contracts are written heavily in favor of the other party. You may unknowingly give up key protections or flexibility.
2. Vague Language: Ambiguities in wording can lead to major disputes. What seems clear now could be interpreted very differently in court.
3. Automatic Renewals: Hidden renewal clauses can lock you into long-term commitments you didn’t anticipate or plan for.
4. No Exit Strategy: If there's no clear termination clause, you could be stuck in an unfavorable deal with no way out.

A professional contract review isn’t just about finding problems—it’s about preventing them. A legal pro can ensure the terms align with your goals, catch red flags you’d never notice, and negotiate better protections.

In business, what you don’t know can hurt you. Don’t let a signature seal your fate—get expert eyes on it first.

Debbie Balfour |Real Estate Investing Success Coach | Podcast Host | Prepaid Legal Services Independent Associate

Need affordable legal services that won’t kill your bottom line? Message me—I’ve got resources for you.

Websites: www.DebbieBalfour.com; https://dbalfour.legalshieldassociate.com/en-ca Email address: Debbie@DebbieBalfour.com Follow me on LinkedIn: Debbie Balfour YouTube Channel: https://www.youtube.com/@DebbieBalfour

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