Yes. Even if you have limited leverage, you can still try to negotiate a contract. While the other party may not agree to every request, many businesses are willing to discuss certain terms, especially if the changes are reasonable and help avoid future problems.
Leverage is not just about size or bargaining power. It can also come from timing, competing offers, the value of a long-term relationship, your willingness to walk away, or the fact that your product or service is difficult to replace. These factors can all influence how open the other party is to negotiation.
Even when your leverage is limited, you can still ask questions, seek clarification, or propose revisions. In many cases, small changes to payment terms, deadlines, liability, or other key provisions can provide meaningful protection without delaying the deal.