| Comment Number: | 522418-07072 |
| Received: | 7/9/2006 12:18:16 AM |
| Organization: | XanGo |
| Commenter: | Judith Wood |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Judy Wood Saturday, July 08, 2006 Federal Trade Commission/Office of the Secretary, Room H-135 (Annex W) Re: Business Opportunity Rule, R511993 600 Pennsylvania Avenue, NW Washington, DC 20580 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 Distributor with XanGo, which is a business enterprise close to my heart that is helping many people. I have been an independent home based business Distributor for 9 years. I particularly appreciate Xango and the people who run the company. Originally, I started my Network Marketing business because of the efficacy of the product. I also can see that income in retirement is going to be short. I will not have a retirement income from my job and neither will my husband. We will, in the long run, be totally dependent on our networking business for retirement income. Please don’t use this unnecessary Rule to destroy our small business!! We need it! The Heartbeat of American Business is Small Business, many of which are Home Based. Some of the sections in the proposed rule would make it virtually impossible for me to sell my product and operate my Home Based Business. XanGo already has a 100% buyback policy for it’s single focus functional health beverage product making this seven-day waiting period totally unnecessary. My fear is the waiting period will give the public the idea that something is wrong. XanGo’s wholesale membership and sales kit only costs $35. People buy lunch, dinner, TVs, cars, and other items that cost much more than that and they don’t have to wait seven-days. The record keeping that will be required will bog down my business efforts. I will need to keep very detailed records when I first speak to someone and will then have to turn around and send in reports to my company. 7 days later I will need to reconnect with whoever is in the waiting time warp. Can you imagine how difficult that’s going to be to keep up with all of that? No good. I am a small home business owner, not some paper pusher. This burden will hurt my business. This proposed rule is actually anti-small business 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 so this part can’t go in at all, unless the FTC passes an addition to this rule prohibiting 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. There are many scams on the Internet. We all know that and crooks seem to always figure out a way to circumvent rules. This rule will do nothing to stop them. It will actually hurt my business! This rule will not stop Crooks – they violate the current rule all the time. I am a good American citizen and it will hurt me. Thank you in advance for your attention to and favorable consideration of this request. Sincerely, Judith Wood