It's one of the oldest businesses any young entrepreneur remembers starting. They aren't around as often anymore but the neighborhood curbside lemonade stand used to be a staple among communities all across the Country. Children of all ages would haul their tables, chairs, and homemade signs out to the major walkways so they could catch the eyes of thirsty pedestrians or motorists eager to support their cause.
No one that I can remember ever got rich off of running a lemonade stand. But, if a kid made a few bucks during an afternoon of serving watered-down and lukewarm lemonade it sure felt like they had hit the jackpot. Selling lemonade on the corner isn't about the money that you're making. It's about learning the basic principles of business. What will your signs look like? What time of day will see the most traffic? Where is the best place to set up shop? All of these questions and more will need to be answered if you're going to be in the lemonade stand business...read more.