| Comment Number: | 522418-10606 |
| Received: | 7/16/2006 6:55:58 PM |
| Organization: | |
| Commenter: | Walt Allard |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am personally concerned about the proposed 7-day waiting period. I am not aware of required waiting periods for anything else but the purchase of guns. Most Independent Business Owners whom I have registed with Quixtar have a registration expense of under $200. Almost all of that can be returned to the person if they change their mind, for up to 6 months. If a person decides this business is something they want to pursue a week's wait is not going to be any benefit to them. They want to begin now. Those who change their minds within 180 days can be reimbursed for almost all their registration fees. This just seems to me more government regulation of something that is not that big a deal. The requirement of giving a prospect a list of 10 individuals in the vicinity who are also Independent Business Owners is not only an invasion of privacy, but also an extra burden on the business owner sharing the concept with others. I am not aware of any business that must give a customer a list of 10 other similar businesses in the area. This may cause the business owner who has taken time to explain to the prospect the concept and how it works to lose business as a prospect sees another individual on the list they would rather be associated with. The prospect has that right to choose the person with whom they wish to be associated, but the burden of seeking out the names of others should be on the prospect, not the business owner. If I am interested in purchasing a car it is not the responsibility of the dealership to provide me with a list of all the similar dealers in the area. The customer has the right to buy from whomever he wishes, but must take the onus on himself to "shop around".