|Received:||7/17/2006 11:41:38 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:RE: Business Opportunity Rule, R511993 I'm writing this letter because I’m concerned about the proposed Business Opportunity Rule R511993. I believe that in its presented form, it could prevent me from continuing to succeed in my small business. I’ve been an Ind. Dist. for a nutritional company called Xango for almost a year. I love the nutritional juice because it helps my family feel so much better. I’ve worked to create a small bus. for myselve. Its been hard work but I don’t mind because I’d have to work hard at whatever I did to make a living. I believe that small bus. owners are what built this country and what keeps it thriving. I'm concerned that this proposed change would destroy thousands of small businesses.If you feel you're trying to protect us - your not. In fact you're hurting us. Whoever came up with these ideas didn't look at it from Americas bus. owners' point of view - not to mention the international ones that'll obviously be affected in a negative way. Some of the sections in the proposed rule would make it hard or almost impossible for me to sell my product or build my business.This 7 day waiting period would give the public the idea that there’s something shady with me or my business & that would cast me in a bad light. I am a professional person who values my reputation and my standing in the community & feel I deserve to be treated accordingly. I also think this waiting period is unnecessary, because our company, Xango, already has a 100% buyback policy. Wouldn’t it be smarter to QUALIFY the companies rather than put the small bus. owners risk? Americans don’t have to have a 7 day waiting period to purchase expensive items like cars, homes or even TV’s. So why should they have to be treated like children and wait 7 days before they can make a decision to spend $35.00 for a distributor enrollment in a company or buy some product if they wish to? Sams club has a membership fee. That's making us as bus. owners look like shysters that the public has to be afraid of when in reality we are that public. We’re decent, hard working, legitimate, tax paying citizens, not criminals. Under this waiting period requirement, I would also need to keep very detailed records when I first speak to a prospect and would then have to send in reports to the company. I’ve done enough paperwork on my small bus. already for the government. Finally, the proposed rule requires the disclosure of a minimum of 10 prior purchasers nearest to the prospective purchaser. I’d be happy to provide references, but this is a violation of ones privacy. We have a health product and we shouldn't have to tell strangers the names of anyone else who is taking it. Does CVS have to give customers the names of 10 people close to them that are taking the drug their customer is buying? No! Would you want them to? No! There would be a huge public outcry if they tried that. Well, neither should we. I would’ve resented it if the people who introduced Xango to me had given my name and info out to people I didn’t know. I would’ve never joined the company if that had been the case, and therein lies the problem for us as dist. Really, giving out people’s names like that that should be against the law if anything should be. That doesn’t even make sense. Also, in this day of identity theft, I can’t imagine giving out the personal info of individuals to strangers. Would you want your info given to hundreds of strangers? Absolutely NOT! Imagine giving out someone’s personal info to the wrong person & making them more vulnerable to dishonest people. Who are the people that are going to have to regulate all this and police it? It’s completely unatainable from every direction. Scams are on the Internet & TV (such as weight loss products). Stop them! I don't understand who is pushing this to go through & what they could gain. Maybe their intentions are good – but I doubt it. Please help bus. people to go about business & be treated w/respect. Thank you.