| Comment Number: | 522418-10939 |
| Received: | 7/17/2006 12:13:56 AM |
| Organization: | |
| Commenter: | RAJESH SHAH |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
WE ARE RAJESH & JAYSHREE SHAH AND HAVE BEEN IBO'S FOR 4 YEARS AND ARE PLATINUMS IN THE BUSINESS. THE INDEPENDANT BUSINESS OWNERSHIP HAS REALLY HELPED OUR HOUSEHOLD AS I(RAJ) HAVE SEVERAL HEALTH CHALLENGES HEART DISEASE BEING ONE. IF FOR NOT THIS OPPURTUNITY IT WOULD BE VERY CHALLENGING FOR RAJ TO KEEP ON WORKING SINCE 1 YEAR HE HAD 4 MAJOR SURGERIES QUADRUPLE BY-PASS BEING ONE OF THEM. TODAY DUE TO THIS OPPURTUNITY AND INCOME GENERATED FROM IT WE HAVE PEACE OF MIND AND NOT TO TOTALLY DEPEND ON 1 INCOME. WE DO APPRECIATE THE FTC 'S PROPOSED RULES ABOUT DISCLOSURES OF BUSINESS AS IT KEEPS OUT PEOPLE WITH SCAMS. AT THE SAME TIME WE WOULD LIKE TO SAY THAT SOME OF THE GUIDELINES IN THE PROPSAL MAY SLOW DOWN OUR BUSINESS. WHEN WE SHOW THE BUSINESS TO PROSPECTS WE DO GIVE THEM COMPLETE INFORAMTION AND WRITTEN FTC APPROVED FACTS ABOUT THE COMPENSATION PLAN. THEY ALSO GET A CHANCETO MEET A LOT OF OTHER INDEPENDANT BUSINESS OWNERS AND TALK TO THEM. WE SET AN APPOINTMENT TO GIVE THEM MORE INFORMATION AND PROVIDE WRITTEN PAPERWORK ABOUT INCOME CHECKS EAQRNED UPON REQUEST SO EVEN THOUGH IT IS A GOOD IDEA THAT PROSPECTS HAVE TO WAIT 7 DAYS BEFORE GETTING STARTED, WE DO NOT APPROVE THE IDEA BECAUSE IF SOMEONE WANTS TO START RIGHT AWAY, THEN IT DELAYS THEIR DECISION WOTHOUT A REASON. AS IT IS THEY HAVE A CHOICE OF WAITING AND NOT STARTING RIGHT AWAY IF THEY DO NOT WANT TO. ALSO MOST OF THE START UP COST IS REFUNDABLE WITHIN THE FIRST 180 DAYS IF THEY DECIDE TO NOT PURSUE IT. WE DO INTRODUCE THE PROSCPECT TO A LOT OF IBO' SOMETIMES UPTO 50 IN THE BUSINESS MEETING SO THERE IS NO NECESSITY TO GIVE THEM PERSONAL NAMES AND PHONE NUMBERS. THIS WOULD ALSO IMPEACH PEOPLE'S PRIVACY . I WOULD NOT LIKE SOMBODY TO CALL ME IN MY PRIVATE TIME BUT WOULD BE GLAD TO MEET THEM AT OUR MEETING TIME. WE DO NOT AGREE TO THE IDEA OF GIVING THEM A LIST OF ALL LITIGATIONS BECAUSE EVEN THOUGH WE ARE AFFILIATED WITH QUIXATR CORPORATION, WE ARE NOT DIRECTLY INVOLVED IN ANY OF THOSE AND WE ARE AN INDEPENDANT FRANCHISE. WE AS INDEPENDANT BUSINESS OWNERS AFFILIATED WITH QUIXTAR HAVE ALWAYS BEEN GIVEN ALL THE REQUESTED FACTS BY THE QUIXTAR CORP AND ALSO ABIDE BY BUSINESS RULES AND CONDUCTS PROVIDED BY THEM. I AM SURE EVERYBODY APPRECIATES WHAT THE CORPORATION DOES FOR THEM. WE WOULD LIKE EVERYBODY TO HAVE THE CHOICE OF FREE ENTERPRISE AND AS STATED ABOVE SOME OF THE GUIDELINES WOULD IMPEACH UPON THAT AND IMPACT OUR BUSINESS GROWTH AND INCOME. SO WE WOULD APPRECAITE THAT THE FEDERAL TRADE COMMISSION RECONSIDER SOME OF THE GUIDELINES. THANKS