| Comment Number: | 522418-06615 |
| Received: | 7/6/2006 9:31:35 PM |
| Organization: | EcoQuest International |
| Commenter: | Sondra Tersigni |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
While it is good to keep potential business owners informed of the statistics concerning success within the company, I feel it is somewhat unrealistic to say, for example, that 7 to 8 of every 10 business owners are no longer in business within a certain period of time. We see everyday how many businesses fail within the first year. Let's face it. If these businesses had not signed a lease of at least one year, they would more than likely have closed their doors in a short period of time. Consider however the cost of starting the average home based business. Our business is only a $49 commitment. Any other purchases made by the new business owner can be returned for a refund (usually less a small restock fee.) So many people think about working from their home on a whim, and then after only investing such a small amount, decide to never take another step toward their individual success. The failure is in that- Never moving forward. It is not the fault of the company. And this must be considered most of all. People lose thousands everyday in the stock market. People risk their hard earned dollars in Las Vegas or in the state lotteries. All of these must be the choice of the risk taker. The risk take, just like the investor must do their homework. If the company is new and unknown they should step lightly into working with that company. To not check things out before making a large investment would be foolish indeed. We must keep the entrepreneurial spirit alive in America.