What rights do franchisees have during the term of the franchise agreement?
Franchisees in the state of Texas have certain rights while under the term of a franchise agreement. Franchisees have the right to use the franchisor’s trademark or service mark, as well as the right to obtain necessary supplies and materials from the franchisor at competitive prices. Franchisees must also receive training and support from the franchisor to help ensure that the franchisee is successful in their business endeavors. The franchisor must also provide a disclosure document which outlines all the rights and obligations of both parties, as well as any other information that the franchisee should be aware of. The franchise agreement must also be in writing and both parties must sign it. Franchisees also have the right to terminate the agreement, as long as they provide the franchisor with due notice and adhere to the terms of the agreement. In addition, the franchisor is also required to honor all warranties, representations, and promises that they make to the franchisee. Lastly, franchisees have the right to receive revenue or other compensation for any services or goods that the franchisor provides. It is important that franchisees understand their rights and obligations under a franchise agreement, as it can affect the success of their business.
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