| Comment Number: | 522418-09764 |
| Received: | 7/15/2006 3:02:31 AM |
| Organization: | FxRevolutions |
| Commenter: | Francis Rodriguez |
| State: | FL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To whom it shall concern at the FTC This proposed business opportunity law will hurt more than it will help. The fact if the matter is if prospects are becoming uptight about how IBO's are handling their businesses then they should take a good look at how their employers handle job opportunities. Here are some questions and answers to consider. Q: Do employers hand out a list of references to new hires? A: It is in the best interest of the company or individual that provides an income opportunity not to give out too much information regarding partners. Contact information is given out BY prospects not TO prospects. Remember; The dog wags the tail NOT the other way around. Q: Do employers and traditional business owners disclose the incomes of their business partners to new people? A: Specific information regarding personal income of partners (not present at the time of interviews and invites) are never disclosed to employees nor should they be disclosed to prospects. Furthermore, any income that can be generated by prospects is dependant on the ambition level and work ethic of each individual prospect and IBO. Q: Do work places bring up aligations and/or lawsuits upon interviewing new people? A: It would be a sad thing to think that any good business would have to dig up old lawsuit information each time they decided to expand in some way. The truth is all businesses never have to do this for expansion so in that respect "business oppotunities" are no different. One final thought; All around the world walmarts, targets and grocery stores are hiring people on the spot. People who you wouldn't want in the prescence of family let alone partners. Yet I still haven't heard of any proposal to regulate or correct such large economy boosting companies such as them... Free enterprise is free .