2. Mission Statement To create a globally recognized brand with a reputation for innovation. To establish tools and resources to support our FIG Partners in increasing sales opportunities and expanding the global reach of all member companies. To build a global trading platform where companies can trade securely and effectively. To establish an efficient communication platform to encourage collaboration between global companies.
3. The Team Chris Humphrey – CEO / founder Emily Rosa – FIG Administration Dawn Humphrey – Administration Manager FIG Admin has a small team of highly qualified business administrators and has built a number of strategic alliances with technical and financial service providers. We are ambitious and highly motivated to establish the FIG brand as a globally recognized entity.
4. Market Summary Overview... 90%+ of global trade (commodities) is managed by the top 50 trading nations. [world trade organisation] In most countries, the top 100 enterprises cover at least 50% of total exports. In USA the top 5 traders account for almost 10% of total US export. [OECD HQ Paris] Where is the FIG Market?
5. Opportunities figgroup is an ‘internet-based’ facility. As such, we can reach hundreds of thousands of businesses through this medium at very low cost. Although figgroup is a very small business, our collective membership brings significant strength and credibility to the marketplace. group sales USD$ 3 billion+ ocean freight volumes 250,000 teus + representation in 80+ countries
6. Business Concept figgroup will continue to develop and grow by building independent business ‘modules’ each of which is self-sufficient but can be joined together to create a multi-faceted global organisation. Each ‘module’ is designed to enhance the benefits of membership and to increase awareness of the ‘FIG’ brand in the wider market. FIG Admin continues to operate a policy of ‘constant improvement’ – we have already come a long way... FIG Admin will continue to invest resource into future developments and initiatives over and above income derived from fig membership fees.
7. Competition There are a large number (and growing) of freight networks. There are very few ‘exclusive’ freight networks where each country is represented by only ONE company. There are a number of ‘multi-national’ forwarders who have a global reputation and infrastructure but actually move lower freight volumes than our fig partners collectively. There are NO (zero) companies offering a fully operational global trading platform!
8. Goals and Objectives Produce additional revenue streams to allow greater inward investment (staffing, technology etc.) Increase global coverage (membership) of figgroup. Increase awareness of the FIG brand through direct marketing and provision of ‘free services’. Introduce additional business ‘modules’ with the longer-term objective of creating a GLOBAL TRADING PLATFORM. Create a secure environment for global trade for FIG Partners and the wider market.
9. Financial Plan Produce planned revenue growth through introduction of business ‘modules’. (short/medium-term) Provide financial investment to facilitate:- improved communication facility web development – new & existing projects new bulk-mailing software marketing materials (web-based) Development budget USD$25,000 (short-term)
10. Resource Requirements List requirements for the following resources: Personnel + 1 permanent staff member Technology training + investment Finances capital injection + revenue growth Distribution improve communication for increased client/prospect base Promotion investment direct marketing Products investment in new business ‘modules’ Services improve efficiencies through technology
11. Risks and Rewards RISK - Unable to achieve market share targets - Unable to achieve ‘buy-in’ from stakeholders - Worst case – loss of USD$25k investment (FIG Admin) REWARDS - Increased revenue anticipated from business ‘modules’ - Significant growth in exposure of FIG brand will bring sales opportunities to figgroup & FIG Partners - FIG Admin can continue building towards a global trading platform!
12. Key Issues Near term FIG Partners MUST be INVOLVED in growth process. FIG Partners MUST be CONFIDENT of the longer-term advantages of FIG Business Plan FIG MUST achieve the above to avoid becoming ‘just another freight network’ Long term FIG Partners must understand the planned direction of figgroup and their part in it. FIG Partners must be part of the process and be involved in the implementation of longer-term plans.
