Tuesday, September 11, 2012

Making Money with a Lemonade Stand


With summer fast approaching, many of you will have free time on your hands. There may be a special toy that you would like to have, but Mom and Dad just do not spend the money now. Why not embark on one of the greatest adventures of all? Start your own business!

That's right. Be an entrepreneur! You can earn a lot more money, have the satisfaction of knowing you earned the money to buy that toy or gadget that you want so bad, and learn a lot about starting and running a business in the process.

There are a lot of different companies could begin. Your imagination is the limit. I'm going to talk about lemonade is because my two sons ran a lemonade stand last summer with great success right in their own backyard. They brought in $ 60 the first day of operation! A lemonade stand is a fast and easy business to start.

Advertising

You will need large, brightly colored and easy to read, interesting signs that actually send the message. Be creative and use pictures to convey a message, when possible. You know what they say, a picture is worth a thousand words.

Position

If you happen to live in a place that is not suitable, you might consider working with the parents of one of your friends in their home. You can provide guidance, lemonade, cups, and maybe if you are supervising an older boy who must work with younger kids. Be creative in finding a position, but if there is no safe alternative, put this idea in the drawer. There are many other business opportunities you can use for now.

Neighborhood

I do not want to do anything that is going to make enemies of long life of your neighbors. If your lemonade stand creating a major traffic problem or in some other way become a nuisance to neighbors, you will have a bad experience. Find ways to avoid problems in advance. If there is a neighborhood feud over your lemonade stand, you should scrap this idea and find another.

The Stand

If you can borrow a gazebo as a shade faster or EZ-up. This is to keep out the hot sun and help provide the structure that will attract the attention of pedestrians. You'll need a folding table, two chairs, a few changes, and a container to keep your money in. We used a 5 gallon water cooler to store our lemonade find a way or another, be sure to keep your cool lemonade.

Price

You will need to shop around to find the best prices on supplies. You will need cups, and the ingredients to make lemonade. You can choose to make your own or buy a lemonade mix lemonade. Determine the cost to prepare and serve the lemonade, and add some profit. Here's how it determines the price. We used a mix of lemonade and we were able to sell lemonade at 25 cents pr. cup. However, some customers have given our guys huge tips! You might be able to add brownies, cookies or other products to increase sales.

Service

Remember to smile and be friendly to your customers. Sometimes it will come back because you had a good attitude, not because it sells the best lemonade in town.

Other Activities

Use your imagination when it comes to starting a business. There may be something that is really good at that people would be willing to pay. I recently saw a TV in 7 years that he wrote and delivered a paper district. He has regular advertisers and readers and seems to be doing quite well with it.

Have fun out there, be safe, work hard and make lots of money! ...

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