| Comment Number: | 522418-11142 |
| Received: | 7/17/2006 3:10:05 AM |
| Organization: | Bransford & Associates |
| Commenter: | Deborah Bransford |
| State: | HI |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My husband and I have been IBOs with Quixtar since its inception in 1999. Although we have monthly income from our Quixtar business the additional benefit of sharing a dream with my spouse far surpassing the money as it has saved our marriage. When presenting the business plan to prospects we always stress that it is not a get rich quick plan and there is no guarantee of success. Building a Quixtar business requires hard work but it is work that is well rewarded.We inform prospects that if at any time they decide not to continue with their business their money can be refunded. I have concerns with the propsed business opportunity changes. Regarding the requirement for a seven day waiting period: an important part of the success of building a Quixtar business is obtaining and maintaining momentum--presenting the business plan, registering and training new people on a consistent basis. Although we instruct prospects to not sign up immediately but to think over their decision first, a seven day wait period would be detrimental to the momentum necessary for success. The requirement to provide references clearly impinges on people's privacy. prospects are given ample opportunity to meet other IBOs in our organization prior to registering to ask questions. I agree that something must be done to stop illegal businesses but I ask that you reconsider the proposal for change and how it will negatively affect the legal businesses such as Quixtar.