| Comment Number: | 522418-10568 |
| Received: | 7/16/2006 5:49:58 PM |
| Organization: | |
| Commenter: | Judy Hasenack |
| State: | WA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
July 15, 2006 Dear Sir or Madam: I am writing this letter because I am concerned about the proposed Business Opportunity Rule R511993. I believe the way it is presented at this time could prevent me from continuing my home business and destroy my opportunity to work my home business. I have had my home business for 9 years. I originally started my using my product because of health concerns. I also found that there was a chance to improve my income and insure financial security for my retirement years, which are fast approaching. Please do not destroy my opportunity of supplementing my Social Security and allowing me to live above the poverty level. At this time, I am a paying taxes, and putting into the tax system. If I cannot work from home, due to my disability, I will not be able to work outside the home. That would then put me on disability, and I will become another drain on the already overloaded tax base. Some of the sections in the proposed rule would make it hard or almost impossible for me to sell my product. The waiting period would give the public the idea that there is something wrong with my business, or me, and would reflect badly on my decision to have a home business. I also think the 7-day waiting period is unnecessary because my company already has a 100% no questions asked, money back policy for all products purchased the first 30 days, and they do not even have to return the products! One of the most difficult sections in the proposed rule is the 7-day waiting period to enroll a new customer or distributor who is interested in building a home business. People buy TVs, cars, and other items that cost much more than that and they do not have to wait 7 days. Under this waiting period requirement, I will have to keep very detailed records when I first speak to someone and will then have to send in reports to my company. I am a small home business and this burden will hurt and or destroy my business. Finally, the proposed rule requires the disclosure of a minimum of 10 prior purchasers nearest to the perspective purchaser. I am glad to provide reference, but in this day of identity theft, I am very uncomfortable giving out personal information of individuals without their approval. I have seen many scams over the years, and have been approached by many. This rule will do nothing to stop them. They hurt my business. This rule will not stop crooks; they violate the current rules all the time. This rule will hurt the honest home business people like myself. The result of this likely well-intended, but ill-conceived rule, would be to deny the consumer access to a wide variety of products and services offered by direct sales companies. In addition, it would severely limit—if not eliminate entirely—for millions of Americans the countless viable business opportunities available in this industry. Sincerely, Al and Judy Hasenack