It’s never too early to teach your kids how to value money, while they have fun earning it at the same time. Starting to teach your kids how to earn money can start with a basic lemonade stand. The best time for this is during the summer months when your kids are not in school.
It has been observed that kids who start with fun, simple business oriented projects, like selling lemonade, show promising qualities of being great with business someday. So there is no harm in helping your kids sell delicious and healthy lemonade during the summer time. With your help, they can have their own lemonade stand and start selling those glasses of lemonade while putting a few dollars into their piggy bank.
Coming up with a lemonade stand for your kids can be very easy. You can take note of these tips to give you an idea on how you can make that lemonade stand sell like pancakes.
You need to have good advertising material for the stand. Use brightly-colored and easy to read signs for your kids’ lemonade. You may alsoinclude pictures that attract the attention of prospective customers.
A lemonade business is profitable as long as you have a good location. If your location doesn’t have that much traffic, you may ask friends and neighbors who have good location to allow a partnership with your kids.
Speaking of neighbors, respect the neighborhood. Your lemonade stand shouldn’t be causing traffic issues or leaving behind trash.
Make your stand with simple construction. It doesn’t have to be too complicated. As long as there is shade, a table, chairs for your kids, a container for the lemonade, cups, and a cooler you should be fine. Simple and fun.
Don’t overprice your lemonade. The idea is not to really earn big bucks, but to teach your children about the fun side of being a young entrepreneur and appreciating the value of money.
Always remind your kids to wear a smile when they are selling lemonade, or whatever other fun idea you come up with. Their smiles will surely attract people to buy lemonade from them more than anything else.