Open petition: License and regulate business sale brokers to protect business owners
Created by James Gerald Lamb
Closes on
We ask the Government to introduce statutory regulation of business sale brokers through compulsory licensing, a published code of ethics, mandatory disclosure of fees and success rates, and enforceable complaints and disciplinary procedures to protect business owners.
For many owners, selling a business represents their largest financial event and life’s work. Yet the sector remains largely unregulated, with no mandatory qualifications, performance transparency or statutory oversight. This creates risk of misrepresentation, hidden fees and poor conduct. Regulation would improve accountability, market integrity and confidence in business transactions.
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If this petition gets 10,000 signatures, government will respond to it.
If this petition gets 100,000 signatures, it will be considered for debate in Parliament.
This petition will stay open until 27 September 2026.