|Received:||7/13/2006 12:56:51 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:We have been active IBO'S for 2 years. Our goal is to be able to reach a level in the business to where we can live a simple and pleasant lifestyle. Quixtar is the best business opportunity for busy, working couples like my wife and I. We can not only do this at our own evening time, but have never seen an opportunity to where you don't have to invest lots of time and capital money to start.When we were registered, we were given material to study and review and were also given the opportunity ask any questions that we may have had about the buainess and corporation to make a decision as to whether or not we would register with Quixtar. Every individual that is presented with the IBO Plan is always given materials to review and we follow-up a couple of days later to answer any questions. We always explain during the business presentation that this is not a "get rich overnight scheme" and that it requires hard work and dedicated time. Every prospect is given the opportunity to register with the minimum investment and we also suggest to register with a product starter pack optional to get familiar with products that they will be offering in their business. If for any reason they decide that the business oppportunity is not for them, we also tell them that their initial registration fee will be reimbursed (not including optional producr purchased). Passing this law will affect not only our business, but the other businesses as well, by having prospects wait seven days to register and not be given the opportunity to register at their own time after being explained the money back guarantee rule. Having to wait seven days will affect our business and business income by not being able to start a prospect right away. The requirments to provide references such as names, addresses, and phone numbers of other IBO's will be violating their privacy. It can affect your business, especially if the prospect decides to register with someone else. Every IBO is given the opportunity to meet the entire group to get to know eachother and learn how their experience will benefit them. During the business presentation, we share the income potential of a Quixtar business such as the average monthly gross income stated in the SA 4400 form for active IBO's. We feel it would be inappropriate if the FTC required us to share financial records to sustain our Quixtar income due to the fact that not every business grows the same and you could be a new IBO with no income to show. If the question of income comes from a prospect regarding how much we make, we let them know that the money you make depends on the business volume coming across your business and that their business may be different.