Your business surely can be considered an asset. The difficulty is in the valuation as you've mentioned. Cash on hand. Multiples of revenues or profits. These are all options.
Not sure what the SEC says on the matter.
The easiest thing to do, if you need to be 100% certain, would be to get a bank loan based on the value of your business and have the cash on hand to prove you meet the requirement.
Your business surely can be considered an asset. The difficulty is in the valuation as you've mentioned. Cash on hand. Multiples of revenues or profits. These are all options.
Not sure what the SEC says on the matter.
The easiest thing to do, if you need to be 100% certain, would be to get a bank loan based on the value of your business and have the cash on hand to prove you meet the requirement.