| Comment Number: | 522418-04475 |
| Received: | 6/27/2006 12:14:02 AM |
| Organization: | Enyart Business Solutions powered by Quixtar |
| Commenter: | Joshua Enyart |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
The Quixtar Business Opportunity is the only opportunity my family and I have been given the chance to take advantage of. My wife and I have been building this part-time for 13 months and it has worked exactly as we were shown, and exactly how we show it. I am an E-7 in the Army, I have 13 years of service, I have been married for 3 years, and have a 10 month old son. Without this oppurtunity I can gaurantee that I will be in the army at least 8 more years, deploy at least 4 more times for 9 months each time, all to be able to get another job when I "retire" from the army and work until i'm dead. This is the only chance for my son, my wife, and I to have a normal life and do really well, not just make it, and is the best business opportunity out there. Having said that, the proposed rule has some good parts and some really bad parts. First, the good: I wholeheartedly agree that the rule should require clear, concise income disclosures that apply to all direct sellers, this information should be on file at the FTC and be available upon request, and not as a mandatory expense for those of us trying to build a business with integrity. Also, I believe that a cancellation policy that is reasonable should be required as well, such as the one we offer with the Quixtar Business Opportunity. Here are the portions that I am not in agreement with and that I feel are not in keeping with fair trade. An imposed seven-day waiting period before a prospect can register violates the rights of them to seize the opportunity for themselves when they see fit. We are not selling handguns, we are providing an opportunity. So why impose the same waiting period? Is there a 7 day waiting period for a purchase that requires a substantial amount of money such as a car or house, or are the buyers allowed to seize the opportunity when they see fit? Also, I have never received a list of references for Sam Walton or his family prior to purchasing from his store, nor do I recall recieving a list of lawsuits past or present. And furthermore, the greeters do not hand out financial statements as you enter either. Again, it is not imposed on "conventional" business and should not be imposed on us. These are unnecessary expenses for Independent Business Owners and do nothing more than hurt those of us who are trying to make it better for our families. This will cripple my ability to sponsor new business owners, and destroy the business owners I have already sponsored and am currently mentoring. This rule will destroy my business, and steal the opportunity from under my family. For what? Because some people got there feelings hurt because this isnt get rich quick and decided it would be too much work? My family has to suffer while we cater to the weak? Interesting concept. I bet the complainers also got a full refund of the startup price, if they weren't also so lazy they didn't ask for it. Thank you for the chance to express my opinion and let you know it will absolutely destroy my family business. In summary: a 7-day wait, IBO references, disclosure of past litigation, and financial records SHOULD NOT be included in the rule. Sincerely: SFC Joshua K. Enyart, US Army Special Forces and Independent Business Owner