|Received:||7/17/2006 1:20:20 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:To whom it may concern: We have been business owners affiliated with Quixtar for 2 1/2 years. We see this business as our future. This business has not only changed our lives financially, but also spiritually, strengthened our marriage, and helped us grow a great amount personally. We can't imagine what our lives would be like without it. When we first saw the business we had more than enough information to make an informed decision on whether to register and we provide others with the same information that was provided to us. During every presentation we show, we inform every prospect that, "this is not a free lunch" and that there is hard work involved. The cost to get involved for our prospects is $200 and of that they can return $150 worth. Addressing the requirement for specific earnings disclosures: whenever we show the presentation we tell the prospects the average yearly income that is published by the corporation for the specific levels in the business. We feel these numbers are very clear and don't need to be more specific. 7 day waiting period: we feel this waiting period is completely and totally unnecessary. First, we don't pressure or rush anyone to get in the business. Second, if you are getting someone started who is several hours away from you, it would require us as business owners to make additional trips which would cost us both time and money. And for the prospect, it would slow the growth of their business down, which in turn would hurt both their profitability and ours. Requirement to provide references: we feel this would have a negative effect on our business because when starting a business out of town, there may not be local references to give. And if there are there is a possibility that one of those business owners may talk the prospect into registering with them, give them false information, or talk them out of it all together. Also we feel it would be a violation of our privacy if our information was given to other prospects without our consent. Before a new business owner is registered by us, they are in contact with other members of their support team. This happens either at local meetings, getting together one on one, or at least by a phone call. Financial substantiation: It would be deceiving to give out this information because the income at any particular level in the business is not the same, it is based on your business structure. And to a new business owner, you would be giving them a preconceived idea about their income potential. And furthermore, specific earning incomes are a private matter. And in a traditional business interview, the interviewee doesn't expect the interviewer to disclose their income. Litigation list: this information is already available for the public to see if they wish. Again, as stated before, in a traditional interview setting, that is not information that is handed across the table to you. And if personal cases which involve people not involving or affecting you or the prospects personal business were required, that would be ridiculous because it would not have any affect on someone's personal success. In conclusion, we are happy to see that the FTC is looking at making it more difficult for illegitimate businesses to be in business. But we strongly feel that most of the items set forth in the proposal are going to have a negative impact on both business owners and prospect's ability to become profitable and successful in the their own business. Thank you for taking the time to read our concerns.