| Comment Number: | 522418-12675 |
| Received: | 7/17/2006 11:30:50 PM |
| Organization: | P&M Associates(associated with Quixtar) |
| Commenter: | Mary Sidler |
| State: | GA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My husband and I have had our own business associated with Quixtar (and Amway, previously) for 25 years.We retired early from our teaching jobs; besides the money, we have benefited personally and have built many lasting relationships. We would recommend this business for those who are looking for more. While we realize that you wish to prevent fradulent business opportunities or scams, we feel that certain provisions would unfairly hamper our business. 1) A 7-day waiting period before sign-up is wrong. Where is this required in other businesses when hiring an employee or taking on a partner? This implies we have something shady in our business --- and we don't! 2) We have lines of sponsorship based on who introduced the business to us and is going to help us. Requiring 10 local associates would violate that by introducing total strangers into the picture. 3) Requiring a litigation list is very harmful to us. You know that people often sue someone with no basis. If someone applies for a job with Ford, Wal.Mart, etc, must that corporation give them a litigation list? I hope not! 4) To require disclosure of one's personal income is an invasion of one's privacy. In our business one's income is not dependent on, or determined by, the person who introduced the business to him. Thank you for your consideration. It would be very unfair to penalize and/or seriously hurt good entrepreneurial businesses which contribute greatly to our nation's economy while trying to root out scams. Yours truly, Mary Sidler