Services
Akon Exports and Imports offers complete export/import services plus inventory consulting services. As mentioned previously, this includes the following:
Supplier / buyer identification
Purchasing, contracting and consulting
Shipping
Warehousing
Delivery
It must be noted that Akon Exports and Imports does not possess any warehousing facilities and intends to outsource this particular service. We expect to earn revenues by charging a commission based on the value of goods moved per order when it comes to warehousing.
Exports and Imports - Total Control of the Logistics process
Be it handling a crate of spares for one client or arranging a charter vessel load of mining machinery to site in third world countries for another, Famous Akon Exports and Imports would fill that need, and in the process take total responsibility of the freight logistics and all documentations. Which was once a dream has become a successful company in the Exports and Imports industry.
The Market
Akon Exports and Imports will be concentrating on servicing for various types of clients. From the huge market segments, we have secured exclusive contracts or endorsements putting us in a unique position to service the entire range of firms and their needs.
Profitability in the export and import markets is expected to be excellent, especially in the export section as Asia Pacific and China regions draws in over a billion shipments each year. We expect profitability in the co-op end to be much slower in the first five years of operation, but it too will increase steadily.
Financial Considerations
Start-up assets required include expenses and cash needed to support operations until revenues reach an acceptable level. Most of the company's liabilities will come from outside private investors and management investment, however, we have obtained our investment from our own family contributions, planning for the principal investment to be paid off in five years.
The company expects to reach profitability in year 2 and does not anticipate any serious cash flow problems. We expect that about 3,500 units per month will guarantee a break-even point.
Keys to Success
Akon Exports and Import's keys to long-term and profitability are as follows:
Differentiate our services to our niche clients so that they realize that we are better able to serve their needs than a more generic competitor.
Keeping close contact with clients and establishing a well functioning long-term relationship with them to generate repeat business and create a top notch reputation.
Establish a comprehensive service experience for our clients that includes consultation, product/client search, purchasing contracts, warehousing, shipping, delivery, and follow up service analysis.