SCORE's Advice Is On Target For Machine Shop Owner
There's something about Ed Lanham's skills as a machinist that seems to naturally attract customers. As a teenager, he worked in his grandfather's gunsmithing shop. After serving in the Marines, he supplemented and surpassed his income as a warehouse worker by repairing guns for friends and other customers. To hone his business management skills, Ed took advantage of classes offered by Unlimited Future, Inc. (UFI), a local training and support organization. Still, Ed had some nagging doubts. He was still unsure whether he made a mistake or overlooked something. SCORE counselors Terry Flesher and Lyle Ramsey expressed concern that a lack of operating capital might cause cash flow problems.