|Received:||7/16/2006 6:30:42 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My Husband and I have been Quixtar IBO's for 14 years. We have enjoyed our businees and believe it is a great opportunity to own a business without the risks that go along with traditional business ownership. Our sponsors have been helpful and always upfront and truthful with us.We tell people from the very beginning that this is not a get rich quick opportunity and that it will take hard work on their part to become successful. We provide information on our business to prospects including the SA-4400 which Quixtar requires us to give out upon presenting the business plan and representing incomes. It cost about $150 to register and that includes a product pack of the IBO's choice. We tell them the cost is refundable if the IBO is not satisfied anytime during the process. We also inform them that we offer optional training material and workshops. We proceed to go to work for them helping them to start and run their business at no charge. A seven day waiting period is not necessary. No other industry requires a seven day waiting period and most of them require a substantially larger investment. This would increase the cost of doing business for the sponsoring IBO. It also cause a weeks worth of income to be lost for the new IBO. Requiring a money back guarantee, as we currently offer, would be a better option. At our weekly meetings, we provide an atmosphere where anyone can question others about their IBO experience as an IBO. We use this as our reference and it put the reference in control of how much personal information they give out. I would consider it an invasion of privacy if IBO's in my group or area were required to give out my personal information to prospects that I have not met. We run our business from our home and I do not feel comfortable with just anyone having that information. I would also feel very uncomfortable passing out other IBO's information without their permission or them meeting the prospect first.