| Comment Number: | 522418-06703 |
| Received: | 7/7/2006 4:52:42 AM |
| Organization: | Quixtar / TeamBuilders |
| Commenter: | Michelle Herzbrun |
| State: | NV |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
As an active IBO I am grateful for the opportunity Quixtar has given my family. As a business owner I feel there should be fair regulations and reasonable disclosures in place and I believe Quixtar has both of these standards. The Quixtar opportunity is just that an opportunity and to require a prospect to wait 7 days to sign up is inhibiting his or her ability to begin building a successful business and my ability to grow my business. When enrolling in college a person does not have to wait seven days after he/she has heard of what college has to offer and the potential impact it can have on one's life. Success in college requires attending class, participating, having proper instructional materials and having motivation to learn and grow. Success in this business requires much of the same. Why should we be required to hold a prospect back from enrolling in a business that can change his/her life??? In my opinion, Quixtar has a fair and reasonable cancellation policy and an excellent return policy regarding products. I believe that income disclosures are necessary. Standardized income disclosure statements requiring the same information for all business opportunities would assist prospects in making informed decisions. Personally, I feel it is an invasion of privacy to give a list of references to a prospect and it is unprofessional. Prospects are invited to meetings prior to signing up and can meet and talk with other business owners at this time. Not all IBOs in the my area are members of TeamBuilders. If there are not 10 IBOs in my area that subscribe to the same philosophies as TeamBuilders then it would be potentially harmful to my business and to the prospect if these IBOs served as references. An IBO from another organization can potentially, yet unknowingly misrepresent my business because the business philosophies he/she subscribes to are different than mine. This discrepancy can potentially undermine my business. I am a business owner and I am proud of what our business opportunity has to offer to prospects. I do not feel it is necessary or fair to require me to disclose litigation involving Quixtar and its IBOs for the past 10 years. This type of information is not required when an applicant applies for a job in a traditional business or is hired as an employee of a business. It is not fair to target business opportunities with this type of requirement. In closing, I am appreciative of the opportunity to have input regarding this proposed FTC ruling. I feel that consumers should be given information that allows them to make informed decisions. The current policies, procedures, and guidelines which Quixtar adheres to exhibit a high level of ethics and integrity. I believe it may behoove the FTC to look at the framework Quixtar adheres to and adopt similar features to encompass all business opportunities. Thank you