What You Need to Know About Franchising
The Lone-Star State prides itself on being independent. Once its own nation entirely, Texas is unique when it comes to small business. The state is home to 3 million small businesses, which employ 4.9 million people. That’s more than 45.1% of Texas’ private sector workforce – can we get a yee-haw?!
Texas has not enacted franchise-specific laws and is not a franchise registration state. However, Texas has enacted Business Opportunity Laws and, before offering or selling a franchise in Texas, you must first file a one-time Business Opportunity Exemption Notice with the Texas Secretary of State. The one-time filing fee is $25.
Texas Franchise Filing Fees
$25
Initial
Notes
Texas is a filing state where active franchisors with a compliant FDD qualify for an exemption from full registration.
The filing is a one-time filing for which we will provide an application for your completion.
The filing fee may be paid via check or with credit card. Checks should be made payable to “Texas Secretary of State”. For credit card payments, you will be required to complete and submit a credit card authorization form to us before we will submit the filing for you.
Texas does not require the submission of the FDD and filings are typically effective within a month. Renewals and amendments are not required.
Texas is a filing state where active franchisors with a compliant FDD qualify for an exemption from full registration.
The filing is a one-time filing for which we will provide an application for your completion.
The filing fee may be paid via check or with credit card. Checks should be made payable to “Texas Secretary of State”. For credit card payments, you will be required to complete and submit a credit card authorization form to us before we will submit the filing for you.
Texas does not require the submission of the FDD and filings are typically effective within a month. Renewals and amendments are not required.
Dr. Pepper Was Invented in Texas.
Roaming the USA
Texas’ name comes from a Caddo Indian word, “teycha,” which translates to friends or allies. This name was given by the native people who lived here before the Spanish conquest.
Roaming the USA
Of the top 10 largest cities in the United States, 3 can be found in Texas. Houston, San Antonio, and Dallas all make the cut, ranking 4th, 7th, and 9th, respectively.
Roaming the USA
Flat Fee Program for Franchisors
Spadea Lignana’s CORE program for franchisors is a cost-effective and practical solution for the ongoing legal needs of franchisors, including but not limited to, FDD updates, state registrations and franchise agreement executions. Through a proprietary cloud-based system we can effectively and efficiently manage FDD Disclosures and Franchise Agreement executions for fair flat fees billed monthly. We believe that hourly billing, although necessary in certain circumstances like complex M&A deals and litigation, can weigh on the relationship between client and attorney. By coming up with a fair flat monthly fee, the uncomfortable negotiating of whether or not a 6 minute increment in your bill for replying to an email was legitimate goes away.
Attorneys Who Understand TX Franchise Law
Franchise laws vary from state to state, and it can be difficult to understand the requirements. Spadea Lignana has streamlined the process to ensure you remain compliant as you grow nationally.
We also work with franchisors all over the southwest including Arizona, Oklahoma, and New Mexico.
