Most first-time small business buyers spend too much time chasing bad deals or risk overpaying because they don’t know what matters pre-LOI. This lesson gives you a clear checklist and practical tools to quickly evaluate CIMs, spot risks early, and build confidence in your decisions — helping you save time, avoid costly mistakes, and move closer to owning the right business. What we'll cover: * 5 Key Areas Every Small Business Buyer Must Review Emphasis on 5 areas of financial due diligence to check in every CIM before signing an LOI. *Spot the Red Flags SMB Buyers Often Miss Identify inflated SDE, risky customer concentration, and other red flags that derail deals. *How Addbacks Impact Business Valuation See how small changes in addbacks flow into SDE and valuation, protecting you from overpaying. *Why Multiples Flex From Buyer to Buyer Understand how deal structure, revenue style, and buyer fit shift multiples in real transactions. More Info: redacted