I learned how to have a lemonade stand business of my own when I went to classes to learn about it at the library. I have really been wanting to sell lemonade for a while and I finally got to try it.
I got a loan from the Kiwanis Club after I made my list of what I would need. I paid for the supplies with that loan. If you get a loan that means you have to pay it back. It means borrow and you can’t just keep that money.
Mama and I made strawberry lemonade and I sold it at a Farmers’ Market. I made enough money to pay back my loan and then extra money after that. That part is called my profit. Profit is the money you make after you pay the loan back.
I used tally marks to keep track of the number of cups of strawberry lemonade that I sold.
It was a very hot day outside and so people really liked having lemonade and lots of cold ice in it. I will do this again!
I’m very impressed with your first business adventure! Your lemonade looks delicious.
Thank you. I paid back my $20 loan and then I even made some money for my cash box.