|Received:||6/26/2006 12:36:24 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an Independent Business Owner with Quixtar since September 2005. From the beginning, we were told, both verbal and written, that this was not a 'get rich quick' plan. The first question we ask prospective IBO's is if they are motivated because this business requires a lot of time and effort. We also received official forms from the company regarding average income. I do not feel that any more information needs to be provided. There is ample opportunity to ask questions and people in my organization are very open about the fact that this is a true business, not a way to get fast money. Asking for a list of references and specific income disclosures is a direct violation of privacy that I do not feel is needed. Simply knowing the average monthly income should be enough. I have looked at other direct selling opportunities in the past and was never given any figures on income or references. With Quixtar, prospects meet many IBOs at an open meeting. Giving out personal information about other IBOs also means that someone else may sign up the person you prospected. Finally, I don't think a 7 day waiting period is necessary IF there is a money back guarantee. Quixtar has a full, no questions asked money back guarantee on registration and any products initially purchased. We wouldn't want someone to feel 'stuck' if they think they made a decision that wasn't right for them. If a company does not have a guarantee, then a waiting period would be reasonible. Think of door to door sales - there is not a waiting period, but there is a 3-day money back guarantee to protect people who feel pressured into buying products when the sales person is in the home. Thank you for the opportunity to share my comments. I hope that a reasonible version of this law is passed with procedures that will protect the consumer and not simply burden the business owner.