In this episode, Teresa talks with Evan Henris, Vice President of Credit and Risk Management at Parabilis, about what really happens when the federal government shuts down and why he states “Essential work continues, and small businesses will still be paid” isn’t the whole truth. Drawing on his experience as both a business owner and financial leader, Evan breaks down how shutdowns disrupt cash flow, delay payments, and strain the small businesses that keep federal operations moving.
Evan shares a practical roadmap for navigating government shutdowns, from managing loans and maintaining vendor relationships to diversifying revenue streams and leveraging personal assets to stay afloat. He discusses the importance of financial planning, resilience, and trusted partnerships, offering actionable steps business owners can take today to prepare for future uncertainty. Whether you work with federal contracts or simply want to strengthen your business against external shocks, this episode is full of grounded, real-world advice for staying steady when Washington stalls.
00:00 Introduction and Purpose of the Podcast
00:41 Meet Evan Henris: Vice President of Risk and Compliance
01:01 Navigating Government Shutdowns: History and Practical Advice
02:43 Evan's Background as a Business Owner
04:39 Challenges Faced by Small Businesses During Shutdowns
12:09 Strategies for Small Business Resilience
16:50 Practical Steps for Financial Management During Shutdowns
23:09 Navigating Loan Payments During Federal Shutdowns
23:54 Building Strong Business Relationships
26:58 Diversifying Revenue Streams
32:04 Preparing for Future Shutdowns
35:50 Leveraging Personal Assets for Business Survival
38:11 Seeking Expert Help and Resources
40:39 Conclusion and Final Thoughts
Connect with Evan Henris on LinkedIn:
linkedin.com/in/evan-henris-483b0574