|Received:||7/15/2006 2:14:59 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been a business owner for over ten years. This was made posable by two fantastic people that shared the Quixtar business opportunity with me. Through this I have benefited greatly. They as well as others have displayed generosity, service, information, motivation, integrity, leadership, and other valuable qualities that exemplify a great business. I have found that my personal growth obtained through this business has become a great asset in all areas of my life. Its value far outweighs any past, present or future monitary gain. I was able to start my business and begin reaping the benifits without any imposed waiting period. The proposed waiting period of seven days should not take effect. No clear benefit exists to future business owners. When I present the business plan to someone I hand them information that provides them with all pertinent facts to take home and review needed to make a well informed decision. The quality of the information given to someone to review is what is important not how many days a prospect should have to wait before signing up. Let's not allow the stupidity of a few who would sign their name to anything slow down the productivity and profitability of all lagitamate business opportunities. If facts and figures about a business are made available and sources of that information cited then that is the important step. We can't think for people. If someone doesn't take the time to check any of it out then it is their fault regardless if it's a good or bad opportunity. We can and should protect thoes looking to own their own business from scams to the fullest extent. The truth needs to be sorted out from any fiction that may exist through sufficient information about a company and the earning potential one could expect. Business owners should not have to reveal personal financial statements in order to accomplish this either. This will thwart the efforts of thoes looking to pass off an illegal scam as a lagitamate business. This protection that we should provide to the public should not include deciding how long they should wait. It is their choice and should remain so.