|Received:||7/11/2006 5:56:09 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been a Quixtar business owner since it first hit the web. And as a Quixtar business owner of several years, there are some aspects of the proposed Business Opportunity Rule that concern me and the running of my business. The first thing that jumps out at me is the seven day waiting period. When I registerd with Quixtar, no one fast talked me or tried to rush my decision in any way. I was presented with initial information of how the business works and was allowed to process this information at my own pace. This is something I like about owning my own business. I get to decide the pace. I think it is important for prospects to have that aspect as well. For some, they are ready from the start. and seven days could hurt their momentum. Others need time to process. I feel that the prospect should be able to decide what that time frame will be. If a business opportunity requires that you make a decision within a certain time frame that you don't agree with, then maybe that business isn't for you, but it is still the prospects decision. Another concern is the requirement of providing referrences to prospects. When you provide referrences, you only give those that would speak favorably of you. That makes this provision kinda useless. I also don't think it is fair to ask someone to take time away from their busy schedule to give referrences. If the same person is listed frequently, that business owner would spend all their time giving referrences instead of tending to their own business. As far as disclousure of all legal allegations, I thought in this country we are innocent until PROVEN guilty. Disclousure of all, proven or otherwise, would create false impressions. I strongly advise my prospects to do their homework. This is a business decision and should be hanlded as such. I thank you for trying to keep people safe from fraudulant business practices. Unfortunatuley, no one can protect people from their own stupidity. As a Quixtar business owner, I make sure my prospects know that this a business and that there are no overnight successes. But I know that there will always be people trying to find a shortcut.