| Comment Number: | 522418-09702 |
| Received: | 7/14/2006 11:28:49 PM |
| Organization: | |
| Commenter: | Glenister |
| State: | Not in the US |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
July 14, 2006 Dear Sir or Madam: I have recently become an Independent Gano Excel Affiliate in Canada, and am hoping to do business in the States, as I am an American citizen with the majority of my family still living in Oregon. I am disturbed by the proposed Business Opportunity Rule R511993, although I do respect the fact that the FTC does want to protect the public from “unfair and deceptive acts or practices”. However, I feel this proposed rule will make it extremely unlikely, or at the best, very difficult for my husband and I to develop our business stateside. I cannot understand why a person would have to wait seven days to begin doing business as a new Affiliate when first enrolled, as this is not common business practice in other sales that cost far more than an initial sales kit! This casts doubt on what I believe is a wonderful opportunity for ordinary people like myself to work hard, advance according to my individual contribution to the business and be rewarded for doing so. It also doesn’t make sense as Gano Excel already has a money back guarantee, if for some reason people are not satisfied with their decision to become an Affiliate, or even for products they purchase and decide they do not like or need. Furthermore, the required paperwork that this proposal would engender is massive, should we grow our business to any extent in the future. Not only would this burden fall on us as Affiliates, but it would negatively impact the corporate office of Gano Excel. In this day of privacy concerns, I cannot understand why this rule proposes giving out personal information of the nature you have outlined. I could not in good conscience give out such information to strangers. It would also involve further waiting time in receiving the list of 10 previous purchasers from Gano Excel. This is no way to do business, nor would anyone freely offer to share information to people they do not know with the knowledge it would be dispersed to anyone in the future. This is confidential information! Besides, how can I as a woman be assured it would not be used as an avenue of future harassment or endangerment? I have been very impressed with the products Gano Excel offers, and will continue to purchase them in the years to come. My husband retires next year, and we have planned to develop this business as a means to supplement our retirement income. In addition, Gano Excel products are so excellent and reasonably priced, I want to share the news of their benefits with others! In my view, this rule clearly discourages free enterprise. I do realize and appreciate that it is for the purpose of protecting consumers that the FTC has apparently initiated this proposal, but certainly there must be other ways of reaching the same objective. As outlined, I believe it would inhibit the lives of honest and caring individuals like ourselves who simply want to lessen the burden of financial shortfalls in retirement. We also want to be able to relieve our families of at least some of our care in our senior years, and feel this proposal would make that goal less reachable. We do appreciate your taking the time to consider my comments. Sincerely, L. Glenister