|Received:||7/13/2006 7:50:37 PM|
|Organization:||D & B Legacies/Quixtar IBO|
|Commenter:||Beth Ann Coombs|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I would like to say as a business owner that I support the FTC's overall goal of keeping scams out of business. However, I have been a Quixtar IBO for 2 1/2 years, and I am concerned that some of the proposal will hurt not only us, but other legitimate business opportunities. For example, a seven day wait period for registering would be a challenge and not necessary for opportunities like ours that are fully refundable if you are not satisfied. Also, giving a list of 10 others involved in your opportunity is an invasion of each of our privacy as well as counter-productive to our success as we ARE independent of eachother, and people could register others' prospects. As far as the disclosure of all litigation in the last 10 years, not all litigation was found legitimate, and I believe these records are available for anyone who seeks them out, correct? Not-to-mention, our business gives people PLENTY of resources to find whatever information they deem necessary before they are involved, including, but not limited to, the BBB information @ quixtar.com, thisbiznow.com, pamphlets, CDs, books, etc. And, although our income does not reflect what we had originally hoped, our lives have been GREATLY improved by being a part of Quixtar, and having our own business. The book and tapes have changed our attitudes for the better in ALL aspects of our life, the products have truly improved our health, wellness, habits, and general well being. I would not change any of our involvement with this opportunity, and I am sure if this proposal had been in place at that time, I would have become overwhelmed and confused, probably to the point of not being involved which I would now consider tragic because of what I've gained as a person from the associations I've been blessed to have through this opportunity. I also just believe it unethical to present my income figures to someone who has no assurance of success, but also has unlimited potential, and how can you measure that? Maybe their potential will be found and acted upon sooner than mine has, and they may feel limited to what I have done if they knew the exact income and expenditures. Furthermore, I feel it another invasion of a business owners' privacy. I appreciate your time, and wish to reiterate that I support your overall goal to make opportunities more ethical and eliminate scam artists, however, I think there are less painful ways of doing it that would NOT harm those of us doing our best to be honest business owners. Thank you for your time.