| Comment Number: | 522418-07447 |
| Received: | 7/10/2006 9:11:32 PM |
| Organization: | Harper& Associates (Quixtar) |
| Commenter: | Matthew Harper |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have read the proposal being considered to regulate home based businesses. I have had a home based business for 2.5 years and think every point is valid. There should be a waiting period to allow the emotion to wear off and the logic to set in for the prospect. 2) Fortune 500 businesses have to reveal there lawsuits and accusations that are filed against themall the time. I feel direct marketing companies should do the same and if there is nothing to hide then what is the concern. People know the trouble Wal-mart has had and people still shop there because they feel comfortable and safe. If the oppotunity makes the prospect feel safe then lawsuits and allegations will not effect their judgement. 3) The request to reveal income levels and substatiate them some how is the most logical idea. People who are in home based businesses make different amounts every year, but they tell the prospect about their best year. People need to be held accountable for their income claims. I have worked with people who at one time made over six figures and the next year made just over 60K. Of course in their discusions about how much they make it was the six figures. I hope this helps in deciding how to approach this proposal. I am aware that many people will be swayed by people that they associate with in their business and will not tell the truth in fear of angering someone in their line of sponsorship. Many companies will have people send in letters that will be drafted by someone up in sponsorship from them telling how they feel rather than the truth. I have yet to hear about this in the news. People who have been in these types of businesses need to speak out and tell their story.