| Comment Number: | 522418-10401 |
| Received: | 7/16/2006 12:18:20 PM |
| Organization: | Quixtar, Inc. |
| Commenter: | Greg Albrecht |
| State: | IL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
This is a response to the proposed Business Opportunity Rule R511993. Having been a distributor/individual business owner associated with Quixtar, Inc since its start and prior to that since 1980 with the Amway, Corp. I feel it necessary to respond to the proposed new rule. I do understand that some companies as well as some people will do whatever it takes to succeed in the business world and in so doing take advantage of others. Blanket rules may stop some of that activity, but will also punish legitimate companies that do everything possible to run a clean ship. Based on my experience with Quixtar, Inc. the later is the case. In my dealings as a distributor/individual business owner every effort has always been to be an example of professionalism and take every step to not mislead a prospective customer or distributor. I urge caution on your part to not create an anti business circumstance with ruling to protect a few who have been hurt by some businesses. My understanding is that the proposed rule could be counter productive even if done with good intent. I urge you the FTC to consider the possible down side in hurting legitimate businesses such as Quixtar, Inc. with such new rule. Not everyone will succeed in business but those that who take care of their customers and distributors most likely will. The track record of Quixtar, Inc. shows years of being successful in business because of efforts to operate in a manner that is open and not misleading. A lot of what is proposed in the rule is already being done by companies such as ours. Lets build a better America by building businesses not tearing them down. Thank you for listening, Gregory E. Albrecht,