| Comment Number: | 522418-07001 |
| Received: | 7/8/2006 2:06:03 PM |
| Organization: | R & J Associates |
| Commenter: | Ruth J See |
| State: | NE |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Some of the proposed requirements seem a bit extreme. It seems to me if a company can't regulate it's own IBO's it should pay the price but making unfair rulings on small independent business owners is a bit rash. It is very had to start a business in this country. I know as I have started several. I have had a business downtown as well as selling products from my home as I do now, through shows and retail orders. Sometimes the regulations get in the way and hinder more than help. A good sales person never asks for a quick decision but gives the customer options to choose from. 7 days however kills the sale or prospect in more ways than helps. I usually offer a buy back guarantee on all the products and services I offer. Including the prospects who are interested in doing what I do. I have been treated very badly from the people in this area who do what I do. You could say cutthroat competition is ridiculous. It hurts everyone. Having to give the names of my competitors in this area is like asking Walmart to give Kmart’s prices on the same item. If it wouldn't work for corporate why would you make a struggling small business owner do this? I have no idea what the present litigations for the company I order from are. I only know that My company has not had any litigation against it. I choose to use an independent name for my company because I have several different wholesale sources for my goods and services and don't what to confuse my customers with to many "labels" The products speak for themselves and if the customer doesn't like it I will buy it back. I would have done that downtown in my business and I do it now. As for the disclosure of my business the last 8 months, I have been suffering from diabetic depression and my income has been pitiful. I don't need to tell a client that I am not even making expenses and have to work outside to home to make ends meet right now. Because that would be a poor reflection on my business when I make 40,000 or 45,000 a year on good years, before expenses. People become business owners to get the breaks and benefits that large business have. We just don't have a banker who will float us a multi-million dollar loan any time we need it. The average business owner in the US just wants to be able to combat what the average worker can't do anymore since our wages haven't gone up like the cost of living the last 25 years. I know I am making less than I have in the past and have had to take even lesser jobs since there is no room for sick people in the unemployment line. If you add extra restrictions on the independent business owner you cripple them. Don't you think it is corporate America who needs the regulation more than we do? Please don't make it harder for the little guys than it already is.