Showcasing the Best of Welsh Business

You have an Idea and want to Start a Business

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The number of people classed as self-employed is on the rise and for many, what was once a pipe-dream is now a reality – running your own business and being your own boss.

Some of the biggest companies in the world started off in spare bedrooms or garages but whilst the end result of success is certainly a motivating factor, you have to start somewhere and these are just some of the considerations you need to make.

Setting Up The Business: 

  • You need capital
  • You may need premises
  • You may need staff
  • You will need suppliers
  • You will need terms and conditions of business on which to trade
  • You want to control ownership of assets and IP

Get any of the above wrong and you could lose a fortune now or in the future.

By seeking the services of an experienced law firm that combines business acumen with legal advice, they can help you with a range of service such as:

  • Offering advice on the types and range of finance available as well as the security required.
  • Regulate decisions made by partners that may impact on the business with a Partnership / Shareholder Agreement.
  • Regulate employees with up to date contracts, policies and perhaps an insured scheme.
  • Regulate your customers and possibly your suppliers with Terms and Conditions.
  • Offer advice on property purchases and leases to avoid major financial claims.
  • Prevent claims, losses and loss of business or assets.
  • Offer advice on owning assets and IP and have binding agreements and licences in place.

“Without this advice and basic documentation we see businesses failing and owners losing tens of thousands of pounds every week” Peter Lynn, Peter Lynn and Partners.

If you have an idea and want to set up a business, make sure you arrange a meeting with our commercial team by emailing  [email protected]

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Peter Lynn and Partners was established in 1999 to offer top quality commercial and civil advice to businesses and people in Swansea. With several offices in the heart of the Swansea area and a base in Cardiff as well, PL&P offer a wide range of legal advice and services to individuals and businesses across the South Wales region.

Their experienced solicitors provide a high quality service, which is tailored to the specific legal needs of the client, and ultimately aim to be ‘Preventing Legal Problems.’ We provide our clients professional legal services in lots of different sectors including Personal Injury, Family Law, Wills and Trusts, Residential Property, Commercial Property, Litigation and Dispute Resolution, Criminal Law, Agricultural Law, and Sports and Entertainment Law.

Peter Lynn and Partners have 40 members of staff which contain nine partners, 21 qualified solicitors and paralegals who are backed by a team of seven support staff. They are committed to securing the best outcome for all our clients.

 

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