{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fexpertnetworkteam.simplecast.com%2Fepisodes%2Fwhat-really-makes-a-strong-balance-sheet-NlDyehsG","width":444,"version":"1.0","type":"rich","title":"Episode 19: What Really Makes a Strong Balance Sheet?","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/3a33d5ce-bfe1-4652-882d-5f156f1d0921/fa92eea5-347e-4e92-8206-26f4f689cf82/expert-network-team-simplecast3.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/3b87d5f1-e89e-4d5c-8861-11ba5d86b052\" height=\"200\" width=\"100%\" title=\"Episode 19: What Really Makes a Strong Balance Sheet?\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"Mike Miller CPA tells a story about a friend who made it through the economic shutdown from the pandemic because of his strong balance sheet. Mike shares questions to ask yourself as you think about your finances. Learn a practical idea about planning for what to do when business income declines. Mike shares the four elements of a strong balance sheet. Learn rules of thumb for a \"rainy day fund\" and what lenders look for in companies. Learn about \"negative net worth\" \nand how to keep a forward focus when you're looking at financial statements."}