Brook Thorpe - The Kids Lemonade Stand Book

THE KIDS'

LEMONADE STAND

BOOK

The Kids' Lemonade Stand Book

Copyright 2019 by Brook Thorpe

Find Money Books!

Money Lessons for a Lifetime! &

Start Early as an Entrepreneur!

Are all trademarks of the publisher

All Rights Reserved

Not to be copied or distributed in any way without the publishers permission. No part of this book may be reproduced in any form without permission in writing from the publisher

Paperback published by Createspace, Inc.

Order using the ISBN at a bookstore

ISBN 10: 1-7943-8185-6

ISBN 13: 978-1-7943-8185-8

WealthQA TM is a trademark of the publisher

www.wealthqa.com

Disclaimer:

While all attempts have been made to verify the information provided in this publication, neither the author nor the publisher assumes any responsibility for errors, omissions, or contrary interpretations of the subject matter herein. This book is for entertainment purposes only. This book is designed by the publisher to provide accurate information. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional advice. If legal advice or other expert assistance is needed, the service of a professional person should be sought. The reader is responsible for his or her own actions. Adherence to all applicable laws and regulations, including international, federal, state, and local governing professional licensing, business practices, advertising, and all other aspects of doing business in the US, Canada, or any other jurisdiction is the sole responsibility of the purchaser or reader. Neither the author nor the publisher assumes any responsibility or liability whatsoever on behalf of the purchaser or reader of these materials. Any perceived slight of any individual or organization is purely unintentional.

Table of Contents

"A penny saved is a penny earned." Benjamin Franklin

Start early as an entrepreneur! Do you want to learn how to start a lemonade stand? You will be surprised how much you can learn about money from a simple lemonade stand. In The Kids' Lemonade Stand Book you will find a complete lemonade stand guide for kids, and older readers too. Plus, learn financial literacy skills directly from the lemonade stand.

The famous investor and billionaire Warren Buffet started out in business while only a kid. The lessons you can learn from a lemonade stand will last a lifetime. In this book, you will receive examples, exercises, puzzles, charts, plus test your learning of the material with 25 questions with answers.

It's easy to make lemonade. You can make lemonade with different ingredients and flavors too! Which flavor of lemonade will you choose to sell? To make lemonade you only need a few basic ingredients including lemons, sugar, water, and ice. There are many different recipes including pink lemonade, sugar-free lemonade, and organic lemonade.

Before you launch a lemonade stand you will probably have a few questions like, how can I make money from lemons? How do I write a business plan? And how do I make a budget?

Continue reading The Kids' Lemonade Stand Book to find the answers, and more.

Do you want to start your lemonade stand? You might not know how to start a lemonade stand, but it will be easy when you know-how. But why start a lemonade stand? A lemonade stand is a great business for kids and teenagers to try, you can read the reasons why see below, 10 Reasons to a lemonade stand.

Starting a lemonade stand (or any first business) will teach you important business lessons, which will last a lifetime. Plus, you can make money from selling lemonade (if everything goes to plan). A lemonade stand is a low cost, low-risk exercise for you to try, and learn about money.

Selling lemonade is a simple way to earn a few dollars, you can start a lemonade stand in many different locations including: school, front yard, neighborhood park, local markets, sports games, and events. You may need to get permission to operate in some locations*. Are you ready to learn more about launching a lemonade stand? Up next, read how to write a business plan.

10 Reasons to launch a lemonade stand!

1. Lemonade is a simple drink to make
2. It doesn't cost much money to start a lemonade stand
3. Lemonade is a drink millions of people enjoy
4. The lemonade stand has a low-risk profile
5. A group or individual based activity
6. It's easy to start a lemonade stand business
7. A fun learning activity
8. Improves financial literacy
9. Teaches entrepreneurship for kids
10. Lemonade can be customized (made with different ingredients)

Perhaps you are interested in learning about business but you're not sure you want to start a lemonade stand, that's okay you can learn from the lemonade stand examples in this book for any business idea you might have! Plus, there are other suitable business ideas for kids like a car wash, dog walking, candy shop, and golf caddy.

*Note: Check local regulations and laws before choosing a location for a business. Some places do not allow the operation of a business without prior permission.

Lemonade Word Puzzle

Can you solve the lemonade word puzzle? Fit the words below into the correct spaces in the puzzle.

Fun Fact: Lemonade has been around for so long that the first records of it are from the Egyptians.

# Exercise:

• Write down the reasons why you want to start a lemonade stand
• Set out the goals you want to achieve from the business

A business plan is an important document. It is used to evaluate the potential of a new business. Every business needs a business plan, even a lemonade stand. The business plan provides an overview of the business in detail for founder(s), & investor(s). The business plan is required for assessing the financial viability of the business, and to save you time and money before you actually begin. How long should a business plan be? Anywhere from 5-20 pages in length depending on the business, for the lemonade stand 3-5 pages is enough.

A business plan can also help the entrepreneur to identify potential strengths, weaknesses and opportunities for the business.

The business plan includes the following information sections:

Biz Plan Sections

1. Introduction
2. Business Details (name, logo, mission statement)
3. Sector Analysis (Industry, market size, trends, competitors)
4. Budgeting
5. Promotions
6. Summary

1. Introduction

Outline the proposed business in the introduction, so readers will know the basics before reading further. Introduce the business idea/business model in the introduction. Explain what the business will sell, and how it solves a particular problem for customers. Explain who the business founder(s) are.

Example: In this business plan for 'insert business name here' you will find a complete overview of the proposed business. The founder(s) are 'insert your name here'...

The lemonade stand will sell lemonade to customers; it solves a problem for people who want to drink homemade lemonade at a particular location, without having to make the lemonade themselves.

2. Business Details

This section includes the following topics: Business name, business slogan, and business logo. Length of this section 1 page.