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| QUICK PLAN |
- Decide on plan and budget
- Develop recipe
- Purchase materials
- Build fixtures
- Implement plan
- Roll in the dough
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PLANS / DESIGN / BLUEPRINT |
Click here to download the building plans in PDF format.
If you do, please send me an email to let me know what you think. bryan@familycapers.com |
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DETAILED STEPS |
| click on headers for a more detailed description |
BACKGROUND |
| A couple years ago my oldest three sons came to me and said they wanted to start making some money for themselves. After going through endless ideas such as selling all their toys, they decided to run a lemonade stand. Being the crafty father, I seized this opportunity to teach some fun but serious lessons in entrepreneurship. Here are some the things they did. |
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PLANNING |
- Name / Brand
- Company Structure
- Product Distinction
- Product Offering
- Marketing
- Location
- Design fixtures
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BUDGET AND FINANCES |
- Starting capital
- Pay back plan
- Regular operating expenses
- Inventory Control
- Decide on pricing options (depends on weather)
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RECIPE |
- Factors: product distinction (organic, etc.), inventory control (real lemons and waste), starting budget for food supplies
- Run many taste tests
- Decide on typical ice content
- Agree on quality
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PURCHASE EQUIPMENT & BUILD FIXTURES |
- Wood and hardware supplies for fixtures
- Cloth supplies for sign-age
- Wagon for transport
- Cooler, pitchers, ice cube trays, money box
- Initial inventory: cups, lemons, lemonade mix
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PUT PLAN IN ACTION |
- Schedule adequate staffing
- Prepare signage and do dry run on table set up
- Check weather before leaving house
- Guarantee children's safety with rules and proper supervision
- Supreme customer service
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Here are some books that I would recommend for you and your kids if you are interested in building a lemonade stand or teaching your kids about being entrepreneurs. |
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