|Received:||6/29/2006 2:57:39 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have enjoyed being an Independent Business Owner (IBO) affiliated with Quixtar for the last several years. As far as income is concerned, I have not made much money, but I have also not done much with this opportunity, but that is my choice. Just as paying tuition for college does not guarantee a person good grades, good education, graduation or good job, signing up as an IBO doesn't guarantee you anything either. At least when you sign up as an IBO, you can get your money back within a year - and yes, I have had someone decide it was not for them and get their money back. It is less than $200 to get started. I have become acquainted with some quality products and quality people. My business is growing now that I am putting more effort into it. My Opinions: A 7-day wait? Why? Since no money is generated by registering someone and they can get their money back, what is the purpose? I do believe that this could hinder the growth of a business. Since bonuses are paid on a monthly basis, this lag time could potentially decrease the bonus and bonus potential. Reference list - A new person would be meeting the person I am working - who could provide their info and unless a person has my authorization, I do not want my information given out to people I don't know. A litigation list should be available but not a requirement. I would like the list of companies that provide this for their prospective affiliates. I feel my financial records are private. I direct new people to the people I am working with who are putting real effort and receiving the benefits. I have seen copies of their checks (because they chose to show them) and I feel that is appropriate.