| Comment Number: | 522418-10231 |
| Received: | 7/15/2006 11:37:07 PM |
| Organization: | Rosser Business Group |
| Commenter: | Joy Rosser |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
We have been independent business owners associated with Quixtar and its affiliates since December of 1994. The new FTC proposed ruling that requires a waiting period, references, and a list of litigation for the past 10 years seems quite extreme. First, in a free enterprise society you should have the freedom to begin a business of your own at any time you wish. We have on occassion over the years had people start their own business, decide it was not for them and ask for a refund. It costs about $200 to start an IBO affiliation with Quixtar. A seven day waiting period is unnecessary to start a business that only requires $200. It is just not that big of a risk, especially with a money back guarantee. We explain upfront that this is not get rich quick and that hard work is required to succeed in any business. Providing references is not necessary. Prospects meet other IBOs at open meetings before getting started in a business of their own. Giving a prospect another IBO's private information does not seem like a good business practice to promote. The litigation is the most extreme of the proposal. As you know this is America and anyone can sue anyone else over anything. Giving a litigation list only provides unnecessary confusion to a prospect over disputes that do not directly involve them or their new business. It is like reading junk about somebody on the internet. What is true and what is false? We feel that this new proposal restricts the free enterprise process. If you wish to crack down on unreputable businesses fine, but please do not punish the reputable ones in so doing. Most Sincerely.