The original layered document in a vector format. If you do use fonts, we would need to know what foundry they are from so we can edit this at a later date.
As far as ideas, something other than some stock photo of binoculars, etc.
Perhaps Found it can have the O-U look like glasses. Perhaps and arrow with balooned text.
As far as size, it needs to look ok in a 200x85 size, and a 300x130 size.
"Found It" is the main portion of the company name, "network" smaller sized font
Full name is "Found It Network"
The rest is up to the talented designer such as yourself.