Date post: | 08-Sep-2014 |
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Business |
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Business Club 2013
Lemonade Stand
A business is like a lemonade
stand.
Lemonade Stand
What experiences do you have
with a lemonade stand?
Product
The item you are selling [the lemonade].
Budget
How much money you have/are planning to spend to buy the
materials [lemonade mix, etc]
Supply
How much of something [lemonade materials] that is
available.
Demand
How much of something [lemonade] people want.
THINK: Would people want ice cold lemonade in the winter?
Sales Pitch
What am I going to say to convince people to buy the
lemonade?
SHARK TANK Clips • Young Entrepreneurs - http://www.youtube.com/
watch?v=qFShW-qxPM4 • Smart Wheel -
http://www.youtube.com/watch?v=08mCf9G9xBU • Ellen - http://www.youtube.com/watch?
v=rSvMbK0x6cA
Marketing
How I’m going to sell the product [lemonade].
Make signs? Make a chant/song?
Competition
Are there other kids in the area selling lemonade? Is there a store that sells
lemonade nearby? Is their lemonade better than yours? Cheaper?
Start Up Costs
What do we need to buy in order to prepare for the lemonade stand?
Business is everything from what your parents do to earn money, what the stores are doing where you buy things
and what all people do to earn money to live on. Business is about people earning money to have; the things they
need (food, house, car, clothes, educa<on), the things they want (toys, electronics, spor<ng goods, books) or to do the
things they want to do (entertainment, travel, etc.).
Business is what people do a?er they finish going to school. School helps you to prepare yourself with many of
the basic skills you will need for business. Business includes terms like working, career, job, profession, occupa<on, stores, factories, restaurants, and almost
everything you are involved in outside of your family and school.
Product
Sales Pitch
Marketing
Budget Supply
Demand
Competition Start Up costs