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When Life Gives You Lemons, Invest In A Lemonade Stand

Updated on March 4, 2008

Tips so that your business won't go sour:

As with any other business venture in life, a little education on the prospect before you invest is a noteworthy endeavor.

Learning Buisness Through Lemonade Stand

Typical Stand

Guide to a successful lemonade stand...

  • The first important thing you need before setting up your stand is to find a good location. If your house has a lot of foot traffic then the front yard would be a good spot for your stand. If you don't have a great amount of exposure where you live, look for one with better exposure and get permission from the owner of the property to set up a temporary stand on his location. Remember exposure is everything.

  • Building your stand is crucial when it comes to selling your product. Make sure it is simple and cost effective, but is brightly colored and noticeable. The addition of balloons, streamers or any other colorful eye catching paraphernalia is useful to increase sales potential.

  • It is also necessary to have a supply of money in a box or other small container to act as a "bank" in case a customer pays in large bills. This amount must be deducted at the end of the day before your profit margin is considered.

Picking the best product

  • The next step to success in selling your product is to find a good recipe for your lemonade.

  • Add more products to your sales line. These could include, cookies, upgraded cups, whole lemons, or anything that is lemon related that might add variety to your line.

Real Old Fashioned Lemonade

6 lemons-juice

1 cup sugar, or to taste

4 cups cold water

1 lemon cut into thin slices

Ice cubes

In a large pitcher, combine the lemon juice and sugar stirring until the sugar is dissolved. Add the remaining ingredients to the pitcher and stir well.

If you want pink lemonade add a few drops of red food coloring to the mixture.

Orange Lemonade

1 cup freshly squeezed lemon juice

3 cups water

½ cup sugar

2 cups freshly squeezed orange juice

4 fresh orange slices ½" thick

4 fresh lemon slices ¼" thick

In a large pitcher, combine lemon juice, water, and sugar blend well. Add orange juice, mix and chill. Place one orange slice and one lemon slice in each glass served.

Tropical Lemonade

2 cups squeezed lemon juice

6 cups water

1 cup sugar

1 Tbsp. ground ginger

16 1" pieces of fresh pineapple

In large pitcher, combine lemon juice, water, sugar and ginger, stir well, then chill. Place ice cubes and four pieces of pineapple in a glass and pour mixture over. Serve.

Cost

  • The next important decision you will have to make is the amount to charge per glass. In order to do this you must figure out how much it costs to produce the product, this should include the cost of supplies and the labor involved in making it and selling it. Add a profit margin to make it worth the effort of creating and owning the business, and price the product accordingly.

Variables

  • Another important factor to consider is the weather. Make sure your business venture has the support of plenty of sunshine, the hotter the weather the better. Be sure you have plenty of ice on hand.

Marketing

  • Advertising is the next consideration that has to be made for a successful stand. Signs, flyers, community and grocery store bulletin boards are all good ways to promote your business. Make sure to include the words, FRESH SQUEEZED on the advertisement.

Customer Service

  • When dealing with your customers it is always a must to be polite, helpful, and cheerful. Smile and thank them for visiting your stand even if they don't purchase anything, perhaps next time they will. This will result in return business from satisfied customers.

A lemonade stand is a wonderful idea for all investors, the initial cost outlay is small and the return is high. This is the smartest investing possible considering the instability of the market today.

Oh yeah, and don't forget to keep the money stored in a jar under your bed. It is probably the safest place!

No Kidding!

Comments

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    • profile image

      Hornet Teach 9 years ago

      You made me thirsty!

    • In The Doghouse profile image
      Author

      In The Doghouse 9 years ago from California

      Hornet

      I hope you were thirsty enough to buy lemonade! :)

    • sundance profile image

      sundance 9 years ago from Oklahoma

      Thinking ahead for hot summer days is a great kid project for a wintery afternoon.

      For those who would rather not use sugar, honey is good in lemonade also.

      http://www.honey.com/consumers/recipes/recipe_deta...

      Sundance

    • Peter M. Lopez profile image

      Peter M. Lopez 9 years ago from Sweetwater, TX

      Congrats, Doghouse. You deserve it with this one. It's great.

    • In The Doghouse profile image
      Author

      In The Doghouse 9 years ago from California

      Sundance

      Thanks for the additional tip about the honey. I considered adding a recipe for it but just simply forgot... thanks for your comment.

    • In The Doghouse profile image
      Author

      In The Doghouse 9 years ago from California

      Peter

      Thank you for your kind words. I have noticed that you have become a fan, I am honored.

    • jnate profile image

      jnate 9 years ago from Utah

      Great hub! Brought a smile to my face. Now I have to try all of your lemonade recipes.

      Good tips to keep in mind for any business.

    • In The Doghouse profile image
      Author

      In The Doghouse 9 years ago from California

      jnate

      Thanks for the visit and the compliments. I especially liked the goat smile, what do you think? lol lol So silly, huh?

    • jnate profile image

      jnate 9 years ago from Utah

      Loved the goat smile! I had to look twice, since teeth are my profession. Made me laugh!

    • In The Doghouse profile image
      Author

      In The Doghouse 9 years ago from California

      jnate

      I am glad that it made you chuckle too!

    • profile image

      Scott Chester 9 years ago

      So is this a hint that you're going to start selling lemonade at your house? I bet Sunday could be your biggest day, but wouldn't that possibly cause some other problems???

    • In The Doghouse profile image
      Author

      In The Doghouse 9 years ago from California

      Scott,

      You know I would never sell lemonade on Sunday!

    • profile image

      Scott Chester 9 years ago

      Well it is really going to cut into your profits if you're not selling!

    • In The Doghouse profile image
      Author

      In The Doghouse 9 years ago from California

      Scott,

      As you can tell, I am not very business savvy!

    • ripplemaker profile image

      Michelle Simtoco 8 years ago from Cebu, Philippines

      I love the idea...and the lemonade looks yummy! :)

    • Lifebydesign profile image

      Lifebydesign 8 years ago from Australia

      what a fun hub in the doghouse, nice take!

    • In The Doghouse profile image
      Author

      In The Doghouse 8 years ago from California

      @ripplemaker- This was a fun one to write... a little sarcasm, lol.

      @lifebydesign- This was a Hub I wrote from the Hub Love Contest and the topic was something like "Investing". I just wanted to lighten the topic a little. Thanks!

    • ripplemaker profile image

      Michelle Simtoco 8 years ago from Cebu, Philippines

      Hi Diana, I still love the idea! LOL I guess I was thinking more of the kids in our preschool. During nutrition month we had them in the kitchen making fruit, vegetable salad and pizza bread! Now with your hub, an idea came to my mind about letting them make juices like lemonade(which is easier to make)plus food stuff like cookies etc...and maybe have a buy and sell thing for Math week instead of going to the grocery store to shop which we did a year before. :)

    • jim10 profile image

      jim10 8 years ago from ma

      I love lemonade, thanks for the recipes.

    • solarshingles profile image

      solarshingles 8 years ago from london

      Diana, you always surprise me with your creativity and wonderful fresh humor! This very one about lemons and lemonade stand just rocks! I am a great lemonade lover and I do like your other flavor suggestions, as well.

    • funride profile image

      Ricardo Nunes 8 years ago from Portugal

      After 6 months I bet this hub already helped people forming their business. IMHO I believe you should register the idea and start a franchise of Lemonade Stands :D

    • sixtyorso profile image

      Clive Fagan 8 years ago from South Africa

      Great hub. But as in all allegories life's lessons to learned here. the recipes are great too.

      Thanks for sharing this one with us.

    • Shirley Anderson profile image

      Shirley Anderson 8 years ago from Ontario, Canada

      Great hub! A lemonade stand give a kid an early start in understanding business, it's a great idea.

      I chuckled about Funride's suggestion to start a lemonade franchaise. :)

    • In The Doghouse profile image
      Author

      In The Doghouse 8 years ago from California

      @ripplemaker- I am so glad that it gave you ideas for school. When my kids were little they always wanted to do lemonade stands. It certainly didn't make them a million, but they had fun!

      @jim10- I hope you enjoy trying these different variables of the standard lemonade.

    • In The Doghouse profile image
      Author

      In The Doghouse 8 years ago from California

      @SolarShingles- Hi Ervin, I am glad you got a chuckle out of this one. I think it is the basic premise that the 30DC has huh? lol A more simple example of the "symphony of four parts." What do you think?

      @funride- Thanks for your vote of confidence, however, I am not sure many have learned from my lemonade expertise. lol I am not too sure a lemonade franchise would be that cost effective for me, but it did wet my appetite for a minute. lol

    • In The Doghouse profile image
      Author

      In The Doghouse 8 years ago from California

      @ Sixtyorso- Glad you picked up on the subtle yet simple lessons on business, as represented by my little lemonade stand. I do think that is had potential to apply to any business you might think of investing in. I am glad you enjoyed the recipes as well!

      @Shirley Anderson- Thanks, for stopping by, and yes, I had to chuckle at the suggestion of a lemonade franchise as well. I seem to remember one when I was in my teens...at the local malls, that just sold "Old Fashioned Lemonade", I believe it might be gone with the times now! lol I do think that a lemonade stand is a wonderful way to expose children to the adventures in business.

    • Lilymag profile image

      Lilymag 8 years ago from Upstate New York

      Mmmm, I don't generally like lemonade, but I love honey! I think I will try it that way, Thank you!

    • anime_nanet profile image

      anime_nanet 8 years ago from Portugal

      hehe there's a game called limonade tycoon, also available for mobiles i think that's really good, you really buikld a empire there!

      Your hub reminded me of happy days playing that one.

      Cheers!

    • In The Doghouse profile image
      Author

      In The Doghouse 8 years ago from California

      @Lilymag- I hope you enjoy the new lemonade recipe!

      @anime_nanet- I haven't heard of that game but it sounds like a fun one!

    • The How To Hub profile image

      The How To Hub 8 years ago from Australia

      This hub is the most 'refreshing' business and banking advice I have read in a long time : ) -lol

    • In The Doghouse profile image
      Author

      In The Doghouse 8 years ago from California

      The How to Hub,

      I am glad you found this Hub to your taste. lol It was a fun one to write. I guess the steps are the same for any business adventure you might wish to undertake.

    • Misha profile image

      Misha 8 years ago from DC Area

      I love lemonade! :)

    • In The Doghouse profile image
      Author

      In The Doghouse 8 years ago from California

      Misha,

      I am a lemonade fan myself!

    • stephhicks68 profile image

      Stephanie Hicks 7 years ago from Bend, Oregon

      Wonderful! My kids had a lemonade stand today and made $12 (its too hot so we're back inside now). We'll do it again soon and will have to use these wonderful recipes and tips. Cheers!

    • profile image

      Terence Yap Singapore 7 years ago

      Thanks for these gems, my friend.

      *smiles*

    • profile image

      Steve Nichols 7 years ago

      Cute hub! Sometimes its good to be reminded of the basics. Thinking simply about what it takes to run a lemonade stand is a great way to reset your thinking about your business goals.

    • Neil Ashworth profile image

      George Poe 7 years ago from United Kingdom

      Nice article, heading back later for another look...

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