Comment Number: 522418-08071
Received: 7/12/2006 11:17:57 AM
Organization: The Burnish Group
Commenter: Veronica Burnish
State: NC
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

RE: "Business Opportunity Rule, R511993" I am affiliated with the Quixtar business. Please reconsider the 7 day rule in the above regulation. I am retired (62 yrs old) and on a fixed income and having to create such a long waiting period would cause a delay in building my business as well as slow my potential income to a dribble. Besides Quixtar provides for the refund of startup money if the new business owner decides to opt out up to six months from sign-up. When I signed a contract to buy my house, I only had 3 days to change my mind. The investment in my house far exceeded the less-than $100 I spent to get my affiliation with Quixtar. As for the references, it seems that this is an invasion of privacy. When a new business owner starts his/her business, he can decide via Quixtar NOT to share email info, his business activity, his income, etc with his personal associates. It looks like Quixtar is more concerned about the rights of associates than the FTC is. Please look into these matters more closely. Your rule will stop the self-employment opportunities of a large number of citizens and create undue hardship on a great many more. Thank you for your consideration. Veronica Burnish