Whenever a kid asks how to make money, most adults will be very limited in ideas. They will tell you to mow lawns or babysit. But there is one business that is suggested even more often than even these. That is the common lemonade stand.
You don’t see many kids trying this anymore. It’s over played and under productive, most times. But back when I was 8, lemonade stands bought me all of my pokemon cards and candy. I’m 16 now, but these methods will make the simple lemonade stand the summertime treat center that will bring in serious profits.
The most important thing is location. If you live on a back street with no traffic, then no one will see you unless you set up signs, and in this case, most people aren’t going to go out of their way for lemonade. You also don’t want to set up on a road with 4 lanes and traffic all the time. This means people are going to fast to see you and don’t have space to pull over. There is one way to make this work out, but we will get to that soon. If you don’t live on a street that looks like it will get customers, ask your church or a friend to host a stand for the day.
The next important thing to remember is presentation. In Top ten tips for young entrepreneurs, we learned how to use the aspect of being a kid for us. This is the ideal business to use this in. Most adults can grab a drink on the way to work at many locations, or get lemonade from home. You have to stand out by being the cute little kid that they support. This is why younger kids normally do this, once you get about 12 or 13, then you lose the “cute factor”. Go for the nicer type clothes, smile and, say hi to everyone that walks by. Always be polite because this goes a long way with adults.
There are other ways to bring in customers. For busy streets as before mentioned, big signs help. You can be especially successful by being creative. Maybe a billboard-type sign that says “drive through lemonade” or some Christmas lights around your stand to attract attention. Have a price clearly marked. This saves time, and way adults see how cheap a glass of lemonade is in comparison to their usual coffee, they are more likely to buy.
The best way to make the most out of a lemonade stand is to turn it into something else. Offer popsicles, cookies, brownies, frozen yogurts, or other things. Maybe you can make sandwiches during lunchtime or buy a box of pizza and sell by the slice. When doing this though, do not offer too much, keep it simple. That makes it easier for someone to come up and know what they want, and you won’t run out of things.
Saturday, July 4, 2009
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1 comments:
thanks for being so helpful!its fall,but its going to be 70 degrees so wer'e having alemonade stand.for more tips, go to lemonadewar.com
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