Impliction of taking over existing business

newbie99 | 19:36 Thu 05th Jul 2007 | Law

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Hi Posters:

I need to seek some advise regarding to buying a business to run. The current business owner employs a few part times and 2 full time staffs.

My concern is that because some of the staffs may have worked for a long period of time (some over 16 yrs of service) and due to employment laws, do I need to compensate any of these staffs if I decided not to employ them after taking over the business?

I can draw a new contract to employ these staffs when I take over the business?

how can i find out if a paedophile is in my area?

bale of straw?

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