FedBiz.Gov – The Fed Trade Commission is considering a new proposed rule, that would require Fed Biz gov and business opportunities to substantiate earning claim that they may to potential buyers if the buyer requests them. Such earnings claims proof would hopefully eliminate much of the fraud that goes on in the biz opportunity sectors. FedBiz.Gov
here Below is a text of the Fed Trade Commission’s proposed rule on substantiate earnings claims to prospective consumers to ask for them :
Proposed section 437.5(f): Written substantiation for earnings claims “Proposed section 437.5(f) would prohibit a seller who makes an earnings claim from failing to provide written substantiation to prospective purchasers and to the Commission upon request. Rather than mandating that business opportunity sellers include documentation for earnings claims – which could be voluminous – in the earnings claim statement itself, section 437.5(f) would reduce compliance costs by requiring only that such materials be provided to potential purchasers and to the Commission upon request. Purchasers could then review the documentation if they so choose.” Fed Biz Gov
FedBiz Gov – Almost all Biz Opps Gov practitioners are indeed honest, however many of them simply make up huge numbers that the buyer may potentially make if they buy the business opportunity. For example; “Make $10,000 per month stuffing envelopes part-time in your own home, while working in your underwear and watching TV.” You may think this sounds funny and indeed it is.
FedBiz Gov – however now the business opportunity practitioners would have to come up with names and proof that people were actually making that kind of money after they had bought their business opportunity -
Fed Biz Gov
“Lance Winslow” – Online website for FedBiz Gov forum board. If you have FedBiz Gov innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/. He is an online writer in retiremen.