Comment Number: 522418-04645
Received: 6/27/2006 7:57:12 PM
Organization:
Commenter: Lori Delisle
State: CA
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

As an independent business owner using Quixtar as my business model, I applaud the FTC's efforts to combat fraud in direct selling opportunities. Corrupt business models hurt our business because they give honest business owners a bad name. I am, however, concerned about some of the recent proposals. One of the best characteristics of our business is its simplicity. It allows anyone to get into business for themselves and start pursuing the "American Dream." I am concerned the current proposals will add a great deal of confusion and hassel for new business owners trying to get started in business, not to mention bog down potential prospects with alot of information that may scare them away merely because they don't understand it. I would recommend the following: 1. Eliminate the 7 day wait period and replace it with a reasonable "grace period" where a prospect can get their money back if they are not satisfied. 2. Eliminate the list of 10 references as it would be a privacy infringement and could risk prospect "stealing" by unethical IBOs. 3. Eliminate the disclosure of past legal claims, which could open up Quixtar and other legitimate companies to false accusations, regardless of whether or not the accusations are true. Meanwhile, dishonest companies would simply ignore the rule. 4. If disclosures are needed, require a simple, standard, easily understood disclosure such as "average monthly gross income for 'active' IBOs." This makes this duplicateable for any new IBO to use. Thank you for your time and concern for this matter. Sincerely, Lori Delisle Quixtar IBO