| Comment Number: | 522418-03520 |
| Received: | 6/20/2006 2:30:26 PM |
| Organization: | XanGo LLC |
| Commenter: | Nancy Chojnacki |
| State: | PA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| Attachment: | 522418-03520.pdf Download Adobe Reader |
Comments:
RE: Business Opportunity Rule, R511993 Dear Sir or Madam: I am writing this letter because I am concerned about the proposed Business Opportunity Rule R511993. I believe that in its presented form, it could prevent me from continuing as a Successful Independent XanGo Distributor, and devastate the small business I have worked so very hard to build and operate, as well as devastating all the hundreds of people I have helped to build their small businesses. I have been an Independent XanGo Distributor for over 19 months. I started this small business because, I love the products and wanted to share it with my friends and family. I am a stay at home Mom with 4 small children under 6 years old. We did not have enough money to cover all our expenses at the end of the month. I cut coupons, only bought the food on sale and worked really hard to save money, we were still short at the end of the month. Now our family depends on the extra income to buy all the children's needs as well as more food on the table. I know many of the people I have introduced XanGo to, are also able to meet their monthly expenses as well as extra income to put in their savings account for emergencies. Please, do not devastate the small business's our families have all worked so hard to build. We need this business to survive! Some of the sections in the proposed rule would make it hard or almost impossible for me to sell my XanGo product under the proposed rules. Sharing this incredible opportunity with other families would be most difficult if not impossible if the present rules were to be changed. The purposed waiting period will give the public the bad idea that there's something wrong with me or our XanGo business plan and also reflects badly on me. I also think this seven-day waiting period is unnecessary, because XanGo already has a 90% buyback policy for all products including sales kits purchased by a salesperson. In addition XanGo has 30 day a 100% money back guarantee on the product for all new Distributor that were just enrolled. The new enrollee does not even have to send any product back to the company to receive the 100% Refund on the product. One of the most difficult sections of the proposed rule is the seven day waiting period to enroll a new XanGo distributor. People love this product and want to get started sharing it with others right away. This proposed change would create a hardship for all the families involved. They would not be able to get paid in a timely manner and would prevent the efficiency of the pay plan. XanGo's sales kit only costs $35. People buy cars, refrigerators, Air Conditioners and other items that cost much more than that and they don’t have to wait seven-days. Under this waiting period requirement, I will need to keep very detailed records when I first speak to someone. I would then have to send in reports to my company. I am a small home business and this burden could literally devastate my business and destroy many other family businesses. Finally, the proposed rule requires the disclosure of a minimum of 10 prior purchasers nearest to the prospective purchaser. I am glad to provide references, but in this day of identity theft, I am very uncomfortable giving out the personal information of individuals (without their approval) to strangers. Women in my organization may be subject to sexual or racial harassment. We have enough problems in this world without adding needlessly to more people being opened to foul play. Please Prohibit sexual or racial attacks related to this disclosure. In the end the rule must bind the FTC to take direct enforcement action on sexual and racial attacks with a special unit assigned to monitor actions related to the disclosure forms. I have seen many scams on the Internet. This rule will do nothing to stop them. They hurt my business! Pls see attached copy for the completed Letter. Thank you, Nancy Chojnacki