1. Business
Club
2013

2. Lemonade
Stand
A business is like a lemonade
stand.

3. Lemonade
Stand
What experiences do you have
with a lemonade stand?

4. Product
The item you are selling [the
lemonade].

5. Budget
How much money you have/are
planning to spend to buy the
materials [lemonade mix, etc]

6. Supply
How much of something
[lemonade materials] that is
available.

7. Demand
How much of something
[lemonade] people want.
THINK: Would people want ice cold lemonade in the winter?

8. Sales Pitch
What am I going to say to
convince people to buy the
lemonade?

9. 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

10. Marketing
How I’m going to sell the product
[lemonade].
Make signs? Make a chant/song?

11. 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?

12. Start Up
Costs
What do we need to buy in order to prepare
for the lemonade stand?

13. 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.

14. Product Marketing
Demand Sales Pitch
Start Up costs
Competition
Supply Budget