|Received:||7/17/2006 12:03:51 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have real concerns with the proposal designed to adjust and eliminate bogus business opportunities, but I agree something should be done to eliminate such practices when I am trying hard in a rural area to build my own Quixtar-affiliated business. Perhaps its intentions were good, but I feel the policies and rules to be set in place, with the by-laws I already go by to be able to continue my relationship with the aforementioned corporation, would make my business too difficult to expand within my area. The proposed clause requesting a 7 day "continuance" would impede on the people who depend on being able to sell products quickly (or expand quickly). Since I already use disclaimers and emphasize that my business opportunity is not a get rich quick, I do not see the benefits of including arbitrary and financially articulate items, which would require more research on the Independent Business Owner (IBO), than the prospect, since it is the IBO who is offering the opportunity, not guaranteed benefits, nor a guaranteed salary. Since I'm still trying to build my business, I want the focus on the system itself, not my financial status, which could be misperceived since I am currently unemployed from a regular job. I don't see the importance of disclosing legal allegations, because if they held any value, I wouldn't be in business and it yet again portrays a negative view upon my business. I don't know a single business that hasn't had some form of legal allegation, but I feel I had enough information and was aware what steps I could take to see success and understood that I wasn't guaranteed anything but the opportunity to try. If the freedom to try is going to be limited because of new restrictions, I might have to resign my distributorship to find another way to provide for my family without being told how to do it.