|Received:||7/5/2006 7:28:07 PM|
|Organization:||Quixtar Independent Business Owner\Evans Organization|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:We have been with Quixtar (formerly Amway) for 35 years. We leveraged the income to develop residential rental and farming businesses and send our children to college. My husband had a fulltime job (+ 20 years of overtime) while we did it. In other words, we used our time very well. To require a 7 day waiting period for each prospect would have made it impossible. There already is a law stating that one can back out of a purchase of $25 or more within 3 days. That should be adequate. And to require us to expose our prospects to references (competitors) would have killed our business if the waiting period did not. And we certainly would object to the invasion of privacy of having to expose our personal finances to others. Why punish achievers? If you must regulate something, regulate the cost of entry. Some companies overcharge. (One company operating in our town charges $5,000 to start, with a product inventory that is perishable. People who join it are panicked into overselling their product.) Do not destroy the honest and hardworking business owners/companies while looking for the shady ones. Just regulate the cost of entry. The shady companies are not willing to work hard for years to get ahead. They are looking for a fast buck. In 35 years I have never heard of anyone in our company/ organization charging for more than the tools to begin with and to learn how to run the business, plus a few products to get acquainted with. The cost has varied over the years, but is modest for a business with such potential and FREE help. A really puzzling item is providing a Litigation List. We do not know of others being sued,so this would not be possible. And if we did know and we circulated such information, we might get sued for violating their privacy. We are now of retirement age, and thankful for the quality of product we were introduced to, the quality of the company we have been associated with, and the quality of the leadership in the organization, within that company, that we have benefited from. It has always been about the quality of products we have and the service we give. And we have people go out of their way to continue doing business with us and the products and services we represent, even though we are supposed to be retired.