| Comment Number: | 522418-08680 |
| Received: | 7/13/2006 10:11:40 AM |
| Organization: | Independant Business Owner |
| Commenter: | Diane Zane |
| State: | NE |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I agree the FTC needs to regulate businesses so that the legitimate business' may continue to be in good standing when a prospective client is checking on their status. I feel that requiring an Independent Business Owner to provide references with in a small area would limit their oportunites and the oportunities of the prospective client. There are times you only know the individual that you are speaking with. As an IBO i engourage all clients to completely check out the organization, with not only the FTC, but also the BBB. I also encourage them to attend meetings before they commit and also have them speak with my mentors and other individuals more knowledgable than me. I also feel that requiring a seven day waiting period could inhibit the growth of business. I do believe there should be a reasonable cancellation policy for all businesses and business transactions. I believe that requiring financial records to be diclosed would violate and individuals' right to privacy. As long as a business is making their money in a legal and ethical manor, and spending it that way, it is their personal business to keep any and all donations private. If and IBO wishes to share their personal information with an individual that should be their choice. Our Country was Founded on the Free Enterprise System! Thank you for your time and attention on this matter. Diane Zane IBO Norfolk,Ne