This document proposes developing a smartphone application called "Export Check" to help aircraft brokers comply with export regulations. It would allow users to search for Export Control Classification Numbers (ECCNs) and check restricted party lists. The application aims to save brokers the high costs of existing compliance tools. It is estimated to take 6-9 months and $75,000-$100,000 to develop, with annual running costs of $45,000-$62,000. Projections estimate 50 downloads the first year earning $44,950, growing to 125 members by the second year earning $125,860. The developer is seeking a $100,000 investment for 49% equity in the company developing the application.
2. The Problems
○ It is costly to find information to comply with
export regulations as an aircraft broker
○ Brokers pay up to and over 3,200 USD to have
access to the information in order to comply with
export law.
○ If a part with Eccn number is sold outside the US by
a broker in the US. Not only can fees of 20,000
dollars be common place. Not complying can also
result in jail time and loss of licenses.
4. Export Compliance "Export Aircraft"
Description - "Export Aircraft" is a smartphone application
for aircraft brokers developed by aircraft brokers. This
application will allow you to search for Eccn numbers in
order to comply with export regulations. Small parts like
screws can be used to build F16s and Black Hawk
helicopters. This application provides brokers with the
knowledge of what is safe to ship at a modest price of 899
dollars to download.
-search eccn part numbers
-find eccn part number
-expedite orders quickly
-have immediate unlimited access to eccn search database
-comply by export regulations
-double check and contact homeland security and DIS
5. The Market
There are hundreds of aircraft brokers in the
united states. There are hundreds of part
suppliers and manufacturing companies of
aircraft parts. Currently the cost of eccn
search databases can cost over 3000 USD a
year.
"If I can save you 2500 dollars a year by simply telling you the name of a
smartphone application that you can download. Would you download the
smartphone application right now?"
6. Export Check Bundle App
Company Profile
In app : Eccn
In app : Ofac List
In app : Block List
In app : Shipping labels
Front end - Same Functionality Sale of
advertising space
Back end - Tracking
7. Why develop "Export Check" ?
-To prevent unlawful sales of items that may be used to
build weapons.
-To provide aircraft brokers with a simple solution that
will save them money when referencing eccn numbers in
consideration for export.
-To keep an honest Export broker, who didn't know how to
locate the information, free from an accidental sale that
could land them in prison.
-As a measure of additional national security to promote
proper business practice by export brokers in America at
an affordable cost.
8. How much time & how much money?
It will take between 6 to 9 months to develop the
application and it will need to be updated as eccn
compliance numbers are updated. The running cost is very
low and development cost modestly between 75,000 and
100,000. This will cover company formation, legal
expenses, iOS and Android developer expenses, initial
development of application and website, and running cost
for 1 year 6 months. The company will earn a residual
from renewals after development and will be managed by
Suisse Ombrelle Llc company's back end department.
Annual running cost is estimated between 45,000 and
62,000 a year.
9. Profit Projections
1ST YEAR GOAL
● 50 members at 899 a download = 44,950
annual gross profit
2ND YEAR GOAL
● 100 new member and 40 returning members
= 125,860 annual gross profit.
3RD YEAR GOAL
● Maintain an 80% renewal rate = 100,688
● 100 new members 89,900
10. What do I get for my 100,000 USD?
49% equity of the subsidiary company Suisse
Ombrelle Llc creates that will be known as
"Export Check"
3rd year estimated net profit projection total if company goals are reached
Initial Investment = 100,000
3 Year Running Expenses @ 54,000 per yr = 162,000 USD
Total 3 year expenses 262,000
NET PROFIT PROJECTION AFTER 3 YEARS
99,398
*projection only considers application downloads. Website advertising can be sold as well.