Bright Ideas: Fun Business Adventures for Young Money‑makers

What You Need

• Fresh lemons (or pretend lemons)
• Sugar
• Water
• Cups
• A notebook and a pencil

Steps to Run Your Lemonade Stand

1. Count your lemons: Write the number of lemons in your notebook.
2. Add up costs: Give each item a pretend price (for example, a lemon = $1).
3. Total the expenses: Add all the prices together. This is how much you spend.
4. Set a price: Decide how much each cup of lemonade will cost.
5. Calculate revenue: Multiply the price of one cup by the number of cups you think you will sell.
6. Find profit: Subtract the total expenses from the revenue. The answer is your profit.
7. Record everything: Write the numbers in your notebook so you can see how you did.
8. Taste test: Try a cup yourself and ask friends what they think.

Quick Quiz

1. What do we call the money you get Before you pay any costs?
2. If you spend $2 on supplies and earn $5, how much profit did you make?
3. Why might raising the price of lemonade too much make you sell fewer cups?

Great job! You’re ready to start your own bright business adventure. Have fun and keep learning!