I think the best place to start is your startup's net worth which includes all assets, the salaries of your staff, and total sales. Say for instance, your business' net worth is $300,000. That's a good middle ground starting point, but your price to this other company can rise or drop from there....
It is difficult to give you a clear answer without knowing more about your company and product. Are you looking to sell or just want someone to advise you on what/how to do it?
This is a question that requires far more than a simple 10-minute answer, as due diligence is an extremely complex subject and only having a few "quick tips" would put you in a very vulnerable position. Generally speaking though, the key areas that you would want to focus on (depending on the ty...
Congratulations on the opportunity...! I've seen situations like this from the other side, working for a big ERP vendor. To try to answer your questions out of order: How to structure? Based on the info provided, the simplest thing would actually be no specific arrangement at all. Lots of ERP ad...