Comment Number: 522418-05080
Received: 6/29/2006 3:46:03 PM
Organization:
Commenter: Fay Nakaguchi
State: CA
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

We appreciate that the FTC is looking out for the interests of the public and business owners. We have had our own Quixtar business for several years now. We are making money and think that it is a great business opportunity for everyone who is willing to put in some time and energy. There is also a great learning opportunity for a positive outlook on life and building personal relationships with others. Here are some points to consider on this rule: 1) We feel that the waiting period to sign up is not necessary, as Quixtar has a money back guarantee. 2) Disclosure of personal information on other independent businesses will infringe on their right to privacy. There are meetings where the prospect is invited to attend to meet other business owners. 3) A business owner proposing the opportunity to a prospect should not be required to disclose personal financial information. Our business plan includes a comment on what an average active business owner makes. 4) We think that the business opportunity should provide for a reasonable cancellation policy. 5) We think that simple rules that provide a standard for all direct sellers will be a good thing. Thank you for your time and consideration in reading these comments. Sincerely, Fay I. Nakaguchi