|Received:||7/13/2006 11:04:07 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:We are independent business owners affiliated with Quixtar, and have been involved for over 5 years now. We have found our organization to regulate itself very well, by always making certain we're clear with our prospective business partners exactly what it takes to build the business financially, and what level of time commitment is required. Regarding your proposal, I believe that eliminating the waiting period while offering a money back guarantee to them if not satisfied is the most efficient and fair approach. As to references, this would infringe on the privacy of other business owners, and they have ample opportunity to meet them at our business functions before making a decision to join our business. As to lawsuits and arbitration's, people have ample ability to find any of this information via the internet or other sources. A lawsuit is not a sign of wrongdoing, and I believe it's unfair to ask this of us considering the fact that less honorable businesses would either not comply, or simply lie about theirs. As to any stated income claims, we always provide, as a requirement of our business, a disclosure of both potential incomes, as well as average income of IBO's in our company. Though we possess substantiation for any claims we make, I don't believe we should be required to disclose it except when required by the FTC or other state agencies. We have all of our materials that we use to show the business approved by our board of directors, and feel that we bend over backwards trying to make ourselves as transparent as possible. Ours is not a get rich quick scheme, but rather a long term investment in our futures, and we want to make certain that the people we bring in as business partners have a complete understanding of how our business model works, and what it takes to make it successful. We let them know that everything we do after registering is voluntary, but also let them know, very clearly, what it realistically takes to build the business.