Texas Franchise Act

The Texas Franchise Act sets rules for franchise agreements—contracts between a franchisor (company) and franchisee (individual or business). It requires full disclosure of important information, like financial details and costs, before any agreement is signed. The law aims to protect franchisees from unfair practices by ensuring transparency and fairness in the franchising process. It also provides legal remedies if either party does not comply with the law’s requirements. Overall, the Act helps create a fair marketplace by making sure both parties understand their rights and obligations before entering into a franchise relationship.