|Received:||7/16/2006 10:04:05 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an IBO for 10+ years and have been able to accomplish many of my goals and self improvement beyond what I thought possible. Much more than I was able to through College and then work. When I registered I was given ample information, in fact the more I found out, the happier I was to be affiliated with this top notch organization. When I sponsor others, I not only give them able written materials, websites, and samples but also invite them to join a meeting to meet, and ask questions from others in the business, not just in my line of sponsorship. Our business presentations make it very clear that this is not something that is a "get rich quick scheme", in fact, after the presentation, most that are looking for that are definitely discouraged and usually do not join us. We make it clear that this business will take "WORK", and the HARDER you work the more successful you'll be. The Cost of $137 is usually not a difficult amount to spend on the registration. Most people in my experience, have or are contemplating much more ( in the 1000's) to start a traditional business. The great thing, is they can register, try the business and if they feel that they were not happy they can get 100% of the money back. They can't do that anywhere else. My business would be adversely affected by a waiting period because my IBOs would also have to wait to register their people and everything slows down. Imagine if GM would have to have each customer wait to buy it's products? Or the Pharmaceutical companies would have to wait to make sure each customer gets ALL the information pertaining to it's drugs. The burden of not being able to start when you wish is an infringement on my rights as an American citizen to engage in commerce as any other business has. References are given in written forms and in person. But to give a list of IBOs personal information for someone to contact would not be safe. No one these days wants a complete stranger calling them and inquiring about business information. That is a privacy issue. And again, are we going to Require Mcdonalds , Starbucks or any other franchise to start handing over the franchisee personal information so people call all them? IBOs in my group have meet between 10-100 other IBOs at multiple functions and each time they do they are more pleased with who they are associated with and that is how I have felt all along also. The Litigation List is not something that I think is of value. First, Do I get a list of every litigated matter from any other type of business in the US?? Could a customer make a more informed decision?? You would have commerce at a stand-still due to the length of time to wade through the bogus claims and then turn around and deal with the real substantial ones. Earnings Disclosure We specially let everyone know that success and the income is based on what they IBO does(performance) as it is in all professions. A franchisee is not told the earnings of a particular franchisee, they are told what the potential of that franchise will be if rules and regulations are followed. Also we make sure each IBO understands that although the income can be substantial, the paycheck of any one person in the line of sponsorship does not guarantee that they too, will make that amount or income. They are all given a SA 4400 form and to show someone earnings is not only a privacy issue, but also be more of a manulipulation because they are not guaranteed to make anything if they do not work. To sum up this email, unless we see a complete duplication of this FTC guideline on every business in the US, and each going through this process, it is not fair to target Quixtar or businesses like it. For as long as there is free enterprise people will make money and lose money many times from the loss, came the emergence of some of the greatest businesses ever known.