|Received:||7/9/2006 9:13:54 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an IBO backed by Quixtar for over one year. This business has a solid background, of which I strongly felt was helpful in my decision to become involved. The success stories of those who have gone before me were also beneficial in aiding me to build my own business backed by Quixtar; and, I believe there is no other business in the United States today that is as rewarding. A business backed by Quixtar does not require a huge registration fee; and, in fact, two-thirds of that fee are in products that we buy for ourselves. The best thing about having my own business backed by Quixtar is the benefit of a business support team. I have an association of business owners that help and teach me to become successful in business. That business support team was also instumental in aiding my decision to join this largest association of business owners in America. The information that I received before I joined was very educational in helping me make my decision to join. The proposed rule changes by the FTC would definately be harmful to my business because it would raise fears about joining a legitimate business backed by a respectable Quixtar. Why should a web-based business suffer in-equality to nonweb-based businesses? For example, would any other franchisee be required to obey the same proposed rules by the FTC to join such franchises as McDonalds, or Wendys? Would that franchisee be required to wait seven days; would the franchise, itself, be required to provide references and give a litigation list? As far as the requirements for earnings disclosures and financial substantiation, my income is an ongoing process that is measured by the individual work I do to build my business. All business owners backed by Quixtar follow a system that discloses all earning potential based on the work that is done. That "system" makes association with Quixtar unique. In conclusion, I strongly feel that the proposed rule changes by the FTC would damage my business; and, so much in fact, that my business could fail. Is that the purpose of the FTC, to cause individual businesses to fail? I repeat, the rules proposed by the FTC raise fears about becoming independent business owners backed by a legitimate, repectable, and trustworthy Quixtar.