This post is sponsored by Santa Cruz Organic. I received product and compensation, but all opinions expressed are my own.
With the kids home for the summer, it can be a challenge to find fun, educational activities for them to do without breaking the bank. So instead of going out and spending money, why not stay home and make money in the most classic way for kids: a lemonade stand! This favorite summer past-time has almost become obsolete, but thanks to a young entrepreneur named Jack of Jack’s Stands & Marketplaces and a partnership with Santa Cruz Organic, lemonade stands are making a comeback. I recently built a stand with my twin girls, and I can attest that aside from all the fun they had, there were plenty of skills for them to learn so they can stay sharp for when school starts back up again. Read below to find out how you can turn the lemonade stand dream to a reality with your kids.
Every great business begins with a plan. Sit with your kids and talk about everything from when the lemonade stand will pop-up, to where it will be located. Make sure to ask questions so that your children will arrive at the answers on their own, instead of you deciding for them. For example, if you live near a park, have the kids consider when is the most popular time for people walking by so that you can capture as many customers as possible.
Marketing is also a big part of planning. How will people know about the stand? What kind of signs do they need to promote? What will the stand look like? Brainstorm with your children about how other businesses get people to notice their products, and you’ll probably have a million and one ideas of what to do to create visibility of the stand. The girls loved this part of the process, especially building the stand itself!
A good lemonade stand needs good lemonade of course. Since lemon trees aren’t as prominent in backyards anymore, including mine, take a shortcut by using Santa Cruz Organic Lemonades. Not only do you save time and energy from making gallons of lemonade on your own, you also can assure that your customers are getting a lemonade made with high quality ingredients in delicious flavors that you probably couldn’t make yourself. For our lemonade stand, we opted for the original Lemonade flavor to keep it classic, but also served Peach Lemonade and Strawberry Lemonade for even more summer appeal. We decided to use colorful plastic cups so that they can be seen from a distance as people drive or walk by, and the cups also serve as a great photo opportunity.
This is where a lot of the learning kicks in. You may think directly of the learning that comes with working with money, but there are so many other skills that come along with this endeavor. Everything from customer service, to inventory, to business analysis falls into this category. When it comes to the business side of things, most of this can be handled by your young ones, believe it or not! Make sure to have your kids add up the expenses and sales so they can figure out their profit at the end of the day…and determine if it was worth it. Even if sales are in the red at the end of the day, I can guess that all the fun and memories made are worth more than any amount of money that can be made.
Sound like something your young entrepreneurs can start up this summer? Read more about it, along with some useful tips from Jack, on the