Hi this is my first post so please bear with me. I and a couple of co-workers (all engineers) designed a industrial automation machine. These machines typically sell for $20,000-$30,000 each. We recently learned that a local company is looking to purchase a design (engineering drawings and the rights to them) for this type of machine. The idea being they can manufacture it on their own and thus save on manufacturing and assembly costs. They typically need 20 of these per year to bundle with their product. We're considering selling our design to this company but have no idea how to come up with a fair sale price? Is there a rule of thumb or method for calculating the sales price?
via Small-Business-Forum.net http://www.small-business-forum.net/starting-your-business/10587-need-help-sell-price-calculation.html
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