| Comment Number: | 522418-04722 |
| Received: | 6/28/2006 2:57:45 AM |
| Organization: | Univera Life Sciences |
| Commenter: | J Bradford |
| State: | OR |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To whom it may concern, I strongly oppose the seven day cooling off period that “Business Opportunity Rule, R511993” would impose. When we were shown the business opportunity we were never pressured into the business, in fact we begged to be in the company and the person who showed us the plan on May 23, 2005 suggested we wait until June 1st and start the month fresh. Univera Life Sciences does everything it can to be upright and honest with it's representation, and is the first time we actually have made money with a business in the very first month. I owned a day care previously and it took a large investment and a lot more time to recover my investment. With Univera Life Sciences I began recovering my initial investment within a week which allowed me to build my business faster. We were facing the possibility of bankruptcy due to my husbands failing health when we became associates with this company, and it has made all the difference. I have heard that many people are only $800.00 a month away from bankruptcy and for us the extra dollars made all the difference. If we had to wait 7 days and check out the 10 nearest associates etc. who knows if we would have been spared bankruptcy. We just wanted to get started and we were mature adults making a decision a week after we were introduced to the company. Which is most common in our business. Our "unalienable rights include "life liberty and the pursuit of happiness." When I bought my home I only had to wait 3 days for a cooling down period, why then is the FTC considering a 7-day cooling down period to become an associate in our company which cost $20.00 and the choice of many items to start the business, as well as business builder packs in the price range of $325, to $1135.00. With a money back guarantee? I personally had a person who decided after a week of using our product they wanted to become an associate, after purchasing and receiving the business builder pack a death occurred in the family and they no longer desired to do the business. They sent back all the packages and received their money back, no questions asked. (They did pay for the shipping costs which was in the agreement.) If I purchased, a franchise would I able to do the same thing as this person? Do they have a 7-day cooling period or is it 3 days like the purchase of my home? I do realize that there are company's that are not as upright as our company, but to impose a law such as this sets honest company's in a negative light. It also causes more paper work and unnecessary delays. It seems unjust to have our industry alone be required to have a 7- day cooling down period. It would slow down our turn around time on supply and demand. I also am very uncomfortable in giving out personal information to people in this day of fraudulent activity. I often have customers who are willing to talk with potential customers but each person is different and what one customer wants or uses are often different than that of another. You probably have personal preferences to beverages etc. I Understand that are fraudulent groups out there, but the FTC’s proposed rule would unfairly target legitimate direct selling businesses. It also implies that all direct sales are not honest. This will affect our income along with the income of thousands of people. In the land of the free and the home of the brave. In the land where we are suppose to be able to choose. In the land where we have the right to pursue "life, liberty, and justice." Our country has laws already in place to protect consumers of fraudulent activities. Is that not enough? I appreciate the work of the FTC to protect consumers, but I believe this proposed new rule has many unintended consequences and that there are alternatives available which are less burdensome to achieve its goals. Thank you for considering my opinion.