Comment Number: 522418-10473
Received: 7/16/2006 2:50:00 PM
Organization:
Commenter: Roper
State: CA
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

Dear Sirs and Madams, After carefully reviewing the FTC Business Opportunity Rule proposal, I find it impelling and necessary to present comments on the following proposed requirements: Purpose - While the intent is good natured and designed to protect prospects, this proposal does so at the expense of the business owner. Small business owners are the foundation of our capitalist system, and to institute this proposal would do great harm to disrupt that foundation. Waiting Seven Days - As a Quixtar Independent Business Owner, my opportunity to participate in this business system initially only came about once. Had I been subject to a seven day waiting period, I probably would not have registered because of buyers' remorse and fear, which all change brings. That would have sad for me, my family and community and this country. I would have lost out on a tremendous life-changing opportunity. Quixtar offers a money back guarantee and this greatly contributed to why I registered. This is a reasonable way to allow people the chance to consider other alternatives while taking advantage of the opportunity. Reconsider the wait period and ask for a money back guarantee instead. References - This requirement would greatly hamper my ability to do business. First, contact information is private and there are many areas where only a small group of IBOs reside, thus causing undue stress and worry over trying to fulfill the 10 other IBOs in the area requirement. Second, this would also cause undo stress on me as a business owner because more experienced IBOs may relate better to my prospect and register him. That would greatly impede on my business growth and create unfair competition. Reconsider eliminating this requirement. Quixtar is a widely published business opportunity (latest in Success from Home, June 2006 issue) and I share information about the opportunity and company with my prospects. Disclosure of Lawsuits - As an Independent Business Owner, I share in an affiliation with Quixtar. This is a reputable company built on founding principles that are still honored today. I strive to emphasis the opportunity and present my affiliation in a positive light. To require disclosure of lawsuits, most of which I myself am not familiar with, means researching the history of lawsuits for Quixtar (time which could be better spent on income producing activities), and then educating myself to present this information in a positive manner. To leave it up to a prospect to discern if the lawsuits were frivolous or legitimate accusations is unrealistic. Unless the person is an analytical personality style, they probably won't take the time to do any research - just walk away - it's easier. This would create a lose-lose-lose situation for me, the prospect and the country. This requirement hampers my ability to build my business and contribute. Reconsider and eliminate this requirement. Income Disclosure - Quixtar complies with all regulations and has designed the SA400 for IBOs to share with prospects regarding income claims. This document is in full compliance with the FTC. Requiring such a document from all companies is a reasonable way to address the concerns which arise from income claims. It keeps the business in compliance and offers legitimate information for the prospect. Reconsider and require an "average monthly gross income for 'active' IBOs" clause. The one Quixtar uses works very well and is easily adaptable. Thank you very much for this opportunity to express my concerns. As a citizen and a business owner, I am glad to participate in developing a mutually beneficial way for all to prosper. Reconsidering these four main points will create a win-win for prospects, business owners and our country by building an environment of integrity and protecting the opportunity for the small business owner to compete. Sincerely, B.M. Roper Quixtar IBO # 2094593