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Our company has been in product development and limited production for nearly two years. Our product is specialized and highly sought after in our industry (Defense), however our market has a significant barrier of entry, and we are seeking a business loan, or a line of credit to finance that entry.
We have a strong business plan, financial documents, prospects, etc. We need assistance with finalizing our financial documents and performing some sort of business valuation. All of our accounting is done via QuickBooks and we have an ERP system to manage all of our other processes.
None of us have experience with valuing a business, since we have limited sales it makes it difficult. We have significant intangible assets that include intellectual property, targeted prospect lists, etc. We don't know what sort of things can be part of the valuation, for instance, our website development costs could be estimated at around $20,000 because it includes a custom CRM system, as well as ...
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