|Received:||7/17/2006 2:02:40 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Thank you for caring about IBO practices. I am an IBO who would be affected by the proposal. My business would not, nor would prospective customers/fellow IBOs, benefit from the 7 day time frame and business history requirement proposed. Anyone can access my company's info. from the BBB website. Also, I have a friend who has to move across the country with only a few days notice, and the 7-day waiting period would disable her from joining with me before her move. It would cripple my business' growth as I am a single mom and cannot afford to drive all over the country to contact perspective IBO's and then go back again for a 7-day followup. Our system already gives complete info. packets and time for review. When I was employed by Columbia House, I did not receive a list of incomes of fellow employees, nor did I get to see how many legal allegations had been filed against them. I was not even told how much I would make an hour. After I started, the company changed the rules on production requirements several times, moved me from dept. to dept. as they saw fit, cheated me out of FMLA time, etc. No matter where one works, or what one does, there is a risk. The requirement to contact 10 other IBOs in the area would be detrimental to many independent businesses. Suppose you were selling insurance. If I were required to contact 10 other insurance salesmen before signing with you and I would happen like number 7 better than you, I could decide I wanted to buy insurance from him and not you. I think this proposal would encourage worse business practices in the area of lying and cheating to get prospective customers. I understand that there are fraudulent businesses out there, and your desire to protect the innocent. However, if it cripples free enterprise and the growth of independent business owners who are honestly working their businesses, it is defeating it's purpose.