Commercial legal advice in Bristol & Somerset
Business today is complex. It’s fast-paced, quick to change and highly competitive – so it’s important that your commercial lawyer is well versed in these commercial realities.
Our commercial law team have a varied background and a wealth of experience. We see the full picture; we’re flexible, intuitive and quick to grasp what you’re trying to achieve. We take pride in forming close working relationships with our commercial clients and get a real buzz from making the law work to your advantage.
We work with a range of individuals and businesses – ranging from entrepreneurs to investors, start-ups to established regional firms – and understand the challenges faced by small and mid-sized businesses in Bristol and Somerset. We’ll tailor our service to your needs, so whatever your size, industry or requirements, we can provide an effective commercial legal solution for your business.
Advice throughout the company life-cycle
We specialise in the company life-cycle – from the formation of your business and as it matures through to your exit. Whichever stage of your business life you’re at, our commercial solicitors are here and ready to help.
If you’re just getting started, speak to our commercial solicitors for advice on the structure and set-up of your new business. We can help you negotiate a commercial lease, put in place a shareholders agreement, prepare commercial contracts and draft bespoke T&Cs.
You might be an established business owner with acquisition plans. We can help you buy (and sell) businesses and choose the best legal, internal and corporate structure. We can also advise you on refinancing and entering into a partnership or joint venture agreement.
Or if you’re thinking of retiring or stepping away from the business, we can help you draw a line under it by putting in place a well-managed, transitional exit strategy or succession plan.
Commercial law costs
We understand that costs can be a concern – especially for smaller firms and when you’re just starting out. But we guarantee to be completely transparent about our fees.
We tailor our fee structure to suit your requirements and budget – so that no matter the size of your business, you can get the legal support it needs. Where we can we’ll provide a fixed cost upfront. If that isn’t possible, we’ll give you a clear indication of the likely fee based on an agreed scope of work.
We offer practical and cost-effective help and advice commercial law advice to businesses in Bristol and Somerset. To speak to a company commercial solicitor in Bristol, Bridgwater or Shepton Mallet, Somerset, call our Bristol office on 0117 972 1261, Bridgwater office on 01278 554228 or our Shepton Mallet commercial team on 01749 345 756.
We work with a range of clients in a variety of industries across South Bristol and Somerset, covering Sedgemoor, Taunton, Burnham-on-Sea, Shepton Mallet, Wells, Glastonbury, Street, Frome and Chew Magna.
Business T&Cs solicitors
Every business, from sole trader upwards, should have properly drafted terms and conditions that form the basis of all commercial activities for that business.
But terms and conditions – also known as user agreements, conditions of use or just plain old T&Cs – are frequently overlooked by businesses, particularly in the early stages. This is a mistake; terms and conditions are there for your security. They protect you, your rights and your business when dealing with clients, customers and suppliers.
As specialist contract lawyers, we can advise you on both the content and drafting of new business terms and conditions. We can also review and update existing T&Cs. Terms and conditions form a legal contract, so it’s important to get them right. We’ll work with you to draft documents that are clear, legally binding and bespoke to your business.
Why does my business need T&Cs?
Essentially having terms and conditions protects both you and your business. Starting a business without having proper T&Cs in place is risky. Put simply, if you don’t specify terms and conditions, you put yourself and your business at risk of uncertainty and misunderstanding.
Terms and conditions allow each party to understand their rights and obligations. Without T&Cs, what’s to stop your client, a supplier or business partner changing their mind or going back on their word? Furthermore, a lack of clear terms around payment could lead to cash flow problems – a major headache for small businesses – with no opportunity to charge late payment interest.
There are also practical reasons for having standard T&Cs in place. Using standard terms negates the need for a specific contract for each transaction – saving you time and money. It also ensures that you do business in a consistent way and that all clients, customers and suppliers are dealt with equally and according to your terms.
What should I include in my business T&Cs?
Terms and conditions vary depending on the type of business, but as a general rule should cover:
- Payment terms
- Credit limits and credit periods
- Costs, including late payment interest charges
- Details of the product/service being provided
- Delivery arrangements
The type of terms you include will be specific to your business; but by addressing all issues at the outset, this in turn avoids disputes later on what may – or may not – have been agreed.
Do I need a commercial T&Cs solicitor?
We understand the temptation to take shortcuts when drafting T&Cs, especially when you’re just starting out. But off-the-shelf solutions are unlikely to give you complete legal protection for your business. We strongly advise against copying T&Cs from the internet or, worse still, ‘borrowing’ standard terms from a competitor – you simply can’t assume that another business will have the same needs as yours.
Speak to our specialist T&Cs lawyers about drafting terms specifically for your business. For a relatively small cost, you can have bespoke terms and conditions which protect you, your investment and your business – and that can pay dividends in the long run.
How much will bespoke T&Cs cost?
We’re transparent about our fees – that’s a guarantee. We aim to provide a fixed price upfront, so you’re clear about the true extent of your legal costs from the outset. If that isn’t possible, we’ll give you a clear indication of the likely fee based on an agreed scope of work.