Delve into business acquisitions with insights from an expert investor. Learn about NDA roles, small business acquisition steps, negotiation nuances, and the value of legal and financial advisors. Gain perspective on ensuring secure and successful transactions.

Overvaluation in business sales happens when asking prices, sometimes 8 to 50 times EBITDA, greatly exceed the normal range of 2.2-2.6 times. Driven by emotional attachment and overestimation of potential, this leads to prices that ignore financial and growth realities, straying from market norms.