The correct spelling is premises.
One example sentence for you is: We will have to close the premises.
Another example sentence is: You have been asked to leave our premises twice now.
Business premises is correct, just as you have it.
The prevailing spelling is the hyphenated "off-site" (off premises) although this may change over time.
The likely word is "premise" (the basis or logical point).* The plural noun premises can be used to mean the property one is on or in.
on the premises
It does not match your Premises. That is how we can use Premises.
on
premises is an asset
You only pay for good in the seller premises and you pay the rest from there premises to your premises
it is these premises as the nopun is considered a plural noun according to the Oxford Dictionary.
It seems to contain a number of objects. That's why it would be right to say ' the premises are...'.
There are no perfect rhymes for the word premises.
"Correct in the premises" is used when referring to something that is accurate or true within a particular setting or situation. "On the premises" typically refers to something physically present or located within a specific place or property.