| Comment Number: | 522418-07460 |
| Received: | 7/10/2006 9:54:51 PM |
| Organization: | |
| Commenter: | McClain |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I would like to see prospective business owners protected from unscrupulous organizations; however, I feel the proposed guidelines are too expansive and will restrict the exercise of free commerce as we currently enjoy it in the United States. When presenting our business opportunity, we always provide average income information, FTC-approved numbers with supporting documentation, an informational meeting modeling an FTC-approved plan, and we have a money-back guarantee if they wish to change their minds. These are fair and equitable options as opposed to providing personal financial information, names and addresses of other business owners who should have their own privacy protected, introducing prospective owners to others who may not hold the same accountability standards and might actually induce the prospect to join in their business instead, and waiting periods that slow down business opportunities. Therefore, I would ask that you reconsider your guidelines and move toward the less intrusive methods used by well-respected companies such as Quixtar, Amway, etc.