| Comment Number: | 522418-10604 |
| Received: | 7/16/2006 6:49:21 PM |
| Organization: | |
| Commenter: | Ruth Heitritter |
| State: | IA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
We have had a successful Quixtar business for 13 years. Not only am I able to not have another job, but we have learned many other business building principles and people skills through the training system. I applaud rules that would stop fraudulent schemes. Some of the proposed rules would limit our success in our business. To require a litigation list to all prospects would be like requiring WalMart, Mc Donalds or any comnpany to post a list of all law suites filed against them at the door so I could read it before I would enter and do business with them. There are many legitimate businesses that have had multiple law suites filed against them. To require a list of local IBO's would be damaging because we are helping our daughter in CO build her business but do not know other IBO's in the area. Locally, if we give a reference, that local person could talk the prospect into joining their business or give them false information about me or the business. And if someone gives another person our name as a reference, that would be a violation of my privacy. When we show a prospect the business plan, we leave information with them that states the average income earned, they are encouraged to come to meet others on the team. If, after they register, they change their mind, everything is 100% refundable. So there would not be a need for a 7 day waiting period. To require my personal income information to be given to a prospect would be inappropriate because a prospect could build their business to be more profitable than mine. This would also be a violation of my privacy. We hope that the FTC will make rules that are helpful and not a hinderence to our business.