Petition · Department for Business and Trade

License and regulate business sale brokers to protect business owners

Open for signatures 19 signatures

What the petition asks

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.

Timeline

27 Mar 2026 Petition opened for signatures

Key facts

Signatures 19
Status Open for signatures
Department Department for Business and Trade
Opened 27 Mar 2026

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Source: the official petition page. Last checked 26 Jul 2026.