| Comment Number: | 522418-11717 |
| Received: | 7/17/2006 2:43:44 PM |
| Organization: | Wise Jackson Enterprises |
| Commenter: | Tauston Jackson |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To All Concerned, I am an independent business owner. Quixtar is my supplier. The Britt World Wide support group is my training system. I would just like to voice my concerns on the proposed legislation. I feel that it is imperative for the FTC to crack down on all supposed "business systems" out there that are taking advantage of people. However, it would severely cripple honest business owners like me. The best way for me to assist my potential new business partners is to get their businesses off and running as quickly as possible. There are quite a few business owners who attribute their quick establishment of business partners and customers to their stability and successfulness. If the FTC implements the 7 day waiting period, it will hamper my future business partner’s stability and success. The other concern of mine is required list of references. There is no doubt in my mind that there are teams out there that would abuse this for their own benefit. They might try to get a prospect to join their team instead of mine. Through the Britt World Wide we already accomplish the ideal of references. We weekly have meetings where we bring our potential business partners to be around the team. We do this for two reasons. One, they get to meet some successful people in our area that use the same system they are considering. Two, we want to see if they will fit into our team. Making it mandatory to have references would more than likely hurt us and is not needed for our system. I know that the FTC has great laws already in place that could curb dishonest business systems. We just need enforcement not new legislation. Thank you for your time and the opportunity to voice my concerns.