Contract Mistakes Founders Should Avoid
- aakintomide
- Aug 4
- 2 min read
Updated: Aug 27
Are your contracts protecting your business or exposing your business to risks?
You land a client. You close the deal. You skim the contract, sign, and celebrate.
But here’s the problem — that five-minute shortcut could cost your business months of revenue and open the door to disputes you never saw coming. Instead of treating contracts as a tick box exercise to get the deal over the line, view contracts as a tool to protect your revenue, relationships, and growth.
How “Small” Contract Gaps Could Turn Into Big Problems
It’s rarely the dramatic disputes that hurt you first — it’s the quiet, avoidable mistakes. Here are some mistakes to avoid:
❌ Using a generic template that’s never been tailored to your business
❌ Vague scope or payment terms that create grey areas for clients to delay or dispute invoices
❌ Missing intellectual property clauses — meaning someone else could own the rights to what your business sells
❌ Signing without truly understanding the clauses — and discovering the fine print when it’s too late
Businesses have:
Lost months of revenue chasing disputed payments.
Seen investors walk away because IP ownership wasn’t watertight.
Been dragged into costly disputes that could have been avoided with one solid clause.
Contracts Are a Growth Tool — If You Treat Them That Way
A contract isn’t just a legal document — it feeds into your business strategy. It sets the rules for how you’ll provide a service or product, get paid, and protect what you’ve built. Handled well, it speeds up deals, builds trust, and safeguards your future.
At Count & Sol, we help ambitious founders tighten their contracts, reduce risks, and scale with confidence. For deeper insight into how Count & Sol can support your contracts, book a consultation today.
