Lemonade Stand Business Idea
During the long, hot summer days, starting a lemonade stand is a great way to keep boredom at bay while teaching your kids about small business. If they do it the right way, your kids could even make some pretty decent money at the same time!
If you’d like to start a lemonade stand, the first thing that you’ll need to do is choose a location. Ideally, it should be a spot that many people walk by on foot. Otherwise, a place on the side of a fairly busy road should do the trick. In order to start a lemonade stand, you’ll need customers – so it’s all about location!
You can’t start a lemonade stand without offering actual lemonade. While store-bought lemonade is fine in a pinch, people are more likely to show interest if you offer the homemade stuff. Ice-cold, homemade lemonade is sure to fly off the “shelves,” but you can sweeten the deal by offering a couple of alternatives.
Ice water is sure to draw interest on a really hot day; it never hurts to offer a few different types of soda, too. When people feel like they have options, they’re usually happier to give you their business.
What You’ll Need To Start A Lemonade Stand
Since homemade lemonade is going to be the focus of your business, the first thing you need to do is locate a great recipe. Practice making it a few times, with the help of a grown-up, until you perfect your technique.
Next, you’re going to need an actual stand. It doesn’t need to be elaborate – something as simple as an overturned, reinforced cardboard box should suffice. Decorate it so that it catches people’s eyes, though. Stock up on plenty of disposable cups, napkins and straws, create a menu and you should be ready for business!
If you plan on making your lemonade stand a regular business operation, you’ll have a much easier time by drawing in repeat business. You can do this by providing homemade lemonade that’s truly tasty. Make sure that you always have plenty of ice; when your drinks are refreshingly cold, people will happily pay to enjoy them again and again.
When people approach your stand, always smile and be pleasant. Make sure that you have the products that are on your menu, too. Start each day by doing a quick inventory. This will help you avoid running out of supplies during the day. Disappointing people by not having what you’ve advertised could make them reluctant to return.
There’s no law that says that a lemonade stand can only offer drinks. By bringing a few key snack foods and desserts into the mix, you can pull in even more money. Homemade brownies always go well with ice-cold lemonade; Rice Krispies treats are popular, too.
Start a lemonade stand with a variety of products to give your customers a choice. Whether they’re on their way home from a long day of work, or just driving around on a hot summer day, people are sure to appreciate the extra effort that you put into your lemonade stand.
By offering quality, consistent lemonade with a selection of other tasty drinks and snack foods, your lemonade business is sure to be a seasonal smash!