Profit to Share!™ Workbook Lemonade Alley is the K-12 kidpreneur challenge where teams of 2-5 kids create recipes, build lemonade stands & raise money for a charity of their choice. This Workbook is provided free by the BizGym Foundation so kids and the community can learn the art of Profit to Share! Student Name: Team Name: LemonadeAlley.com #lemonadealley #kidpreneurs © 2015, BizGym Foundation. All Rights Reserved. | lemonadealley.com | bizgym.org | Edition 09.15.15 Thanks for being a “Profit to Share” HERO! Lemonade Alley is about kids dreaming. And creating their own businesses. It’s also a place to learn teamwork. And did I mention fun and prizes? But most importantly: it’s a way for kids to learn the art of giving. At Lemonade Alley, we’re looking for heroes. Heroes that want to make the world a better place. Heroes that support worthy charities. If that’s you, then let’s get your lemons on! On behalf of the BizGym Foundation, thanks for joining the Lemonade Alley challenge of Profit to Share! Love, Lemons & Aloha, Steve Sue Chief Lemon Head CONTENTS Our Recipe to Lemony Love This workbook offers secrets and tips to make your lemonade stand a tasty success. You can use it on your own, at a workshop, or follow along with workshop videos at LemonadeAlley.com. This Workbook includes… 1. Create Your Big Idea 9. See How Much You’ll Make 2. Choose Your Customers 10. Create an Extra Product 3. Make Your Team 11. Design Your Menu 4. StoryTree® Business Plan 12. Learn Food Safety 5. Design Your Stand 13. Plan Your Marketing 6. List Things You’ll Need 14. Create Your Pitch 7. Invent Your Recipe 15. Plan Your Pitch 8. Design Your Cup 16. Prepare for Interviews Competition Day Forms A. Rules Summary C. StoryTree® 1-Page B-Plan B. Judging Criteria D. Reimbursement Form 1. Create Your Big Idea Write your lemonade stand name here: Draw some Big Idea pictures: Your lemonade stand name should be fun to attract customers. Make your lemonade stand cool with a theme like mad scientists, pirates or animals. Or may be make it about your charity! 2. Choose Your Customers Add 3 types of customers: Customer Pictures: Describe them (ages & interests): 3. Make Your Team Name your team members (*means required position): President*: Your President is the leader, main speaker and main salesperson of your team. Treasurer*: Your Treasurer keeps track of money, costs, makes deposits at the “Lemon Bank” and applies for cost reimbursements. Main Mixer: Your Mixer does your recipe, makes sure your lemonade is great and is responsible for food safety. Sellers & Servers: Additional team members can do marketing, sell to customers and serve lemonade. Your team members can do more than one job. 4. Write Your StoryTree® Business Plan Make your plan (display on your lemonade stand): DOWNLOAD a clean copy at lemonadealley.com © 2015, BizGym. All Rights Reserved. Provided courtesy BizGym.com, the entrepreneur’s growth app 5. Design Your Stand 15’ max Draw your ideas: StoryTree® Plan 10’ x 10’ max (tents OK if weighted for wind) Team Name? Logo? Slogan? School? Charity? Sponsors? Menu? Pricing? Products? Walk Up or In? Order, Payments & Pickup? Making Equipment? Table Top? Booth Skirt? Mascot? Uniforms? TIPS! You will be judged on these: 1. Message Quality 2. Customer Experience 3. Sales Efficiency 4. Cleanliness 6. Things You’ll Need Make a list of important stuff: Signs & Decorations Uniforms & Mascots The Law: For health reasons, animals and pets are not allowed at food events. Food Safety Gear (table/chairs, supplies, donation box) The Law: Hand gloves, washing supplies, & garbage containers are required. The Law: Perishable items must be properly stored in coolers. The Law: Food or beverages made with heat (stoves, ovens, etc.) must be made and packaged in a certified commercial kitchen like a restaurant. The Law: Tents must be anchored with heavy weights. Always check with government agencies for Health, Business and regulations and laws. The Law: Excess liquids or ice cannot be dumped outside so use storage containers and dispose of properly at home. Involve your charity, school, family & friends in your stand to get more donations! 7. Invent Your Recipe List your ingredients. Try to reduce sugar: Zest? Mint? Pulp? Basil? Sugar? Honey? Agave? Stevia? TIP: Try using lemon skin (called “zest”) to get lemoniness without having to use a lot of sugar. ? Fresh Fruit? Ginger? Rosemary? Ice Cubes? TIPS! Recipes judged on: 1. Flavor 3. Mouth-feel 2. Healthiness 4. Presentation 8. Design Your Cup Make your cup a feast for the eyes: What fun things you can add? Maybe an umbrella? A plastic monkey? Fun straws? make your cup part of your lemonade stand theme. 9. See How Much You’ll Make Do a budget: Why Scrip? Scrip reduces the risk of cash theft. It also makes “sales” into “donations” so we don't have to charge sales tax. DONATION INCOME (scrip & donated cash) $ Amount Lemonade: ( _______cups X $_______/cup donation) Extra Products: ( _______units X $_______/unit donation) Tips & Donations TIP! Most teams serve 300-400 cups on Competition Day. TIP! You are allowed to “sell” lemonade (take donations) before Competition Day. Gross Income (add amounts above): Lemonade Tax (20% of Gross Income) Net Income (Gross Income - Lemonade Tax): EXPENSES $ Amount TIP! Get company sponsors to donate supplies or cash to your team. TIP! Get your charity involved. They may be able to help with company sponsors, help you in your stand and get more people to your stand on Competition Day.! Total Expenses: PROFIT TO SHARE! (Net Income – Total Expenses) $ 10. Create Extra Products Make more money by “selling” other things: Draw some Big Idea pictures: An additional product or game is a good idea. When everyone is sick of tasting lemonade, you’ll still be making money! Remember: all cooked foods must be made and packaged in a certified commercial kitchen. 11. Design Your Menu List products and include prices: Our Menu Make your menu on letter size paper and display on your table. Or make a big overhead sign so people can see it from far away. 12. Learn Food Safety Food Safety Test: 2. Food and beverages made with heat (stoves, ovens, etc.) must be made and packaged in a certified commercial kitchen like a restaurant. 3. Lemonade Alley teams can work with restaurants, hotels or others with commercial kitchens. 4. Hand gloves must be used at all times when preparing and serving lemonade. 5. Always wash hands, lemons and other ingredients before juicing or cutting. 6. If you’ve left your stand, when you come back, you must wash your hands before preparing or serving. 7. Keep perishables in food-safe containers like coolers. 8. Never taste directly from serving tools or storage containers. 9. Excess liquids and ice cannot be dumped outside and instead must be taken home for disposal. 10. Animals and pets are not allowed to be present when making or selling food and beverages. Always check local Health, Business and other government laws for latest requirements. YES or NO YES or NO YES or NO YES or NO YES or NO YES or NO YES or NO YES or NO YES or NO YES or NO Answers: They’re all “Yes”! 1. Lemonade that’s for sale must be made and served according to health laws. 13. Plan Your Marketing Write down how you’ll get the word out: Partners (your charity, family, companies) Invitations (charity, sponsors, friends & family) Advertisements (flyers, team business cards) Coupons & Scrip (donations only) The Law: Take “donations” rather than “sell” lemonade so you don’t have to collect and pay sales tax. Donation “Scrip” can be purchased before and during Lemonade Alley. TIP: The more people you involve in your stand, the more you’ll make on Competition Day! TIP: Get a head start. You’re allowed to “sell” before Competition Day! 14. Create Your Pitch Make a 1-minute show on why people should buy your lemonade: 15. Plan Your Pitch TIP! Use your best skills and don’t be afraid to be silly! TIP! Consider making your pitch about your charity. Or show how supporting your stand supports your charity. Write a pitch script: Your Big Idea (speech, song, rap, dance, skit, signs, etc.) Words (What We’ll Say) Grabber: Start with something that makes people sit up and take notice! The Grabber: Your “Secret Sauce”: Secret Sauce: Show what makes your lemonade special, different and cool. Next Steps: Tell people what you want them to do. In business, if you ask, they’ll buy more. Pitch Judging: You will be judged on Presentation, Use of Time, Message Quality & Entertainment Value. Next Steps: How to Buy: Action (What We’ll Do on Stage) 16. Prepare for Interviews Write 3 main ideas for interviews: TV TIP! Turn on 1. Our Big Idea is… your smile during the introduction. Just talk with the interviewer and don’t look at the camera. Radio TIP! If they can’t hear you, they won’t get your story, so get close to the mic and speak up! TV, Radio & Print TIP! Choose 3 important points you want to make about your story. These may include your recipe, your booth concept, your charity, why you chose your charity, anyone you want to thank or anything else that’s important. Be sure to tell them how they can donate to your cause. 2. Our charity is… 3. Buy our lemonade at… Competition Day Early Morning: Teams Check-In & Build Stands Opening Ceremonies National Anthem Yellow Carpet Walk (Teams & Judges) Start Your Lemons Judging StoryTree® Business Plan Judging Lemonade Stand Judging Taste-Test Judging Sales Pitch Judging Close of Sales Entertainment During Tabulation Awards & Closing Yellow Carpet Reprise Opening of the Umbrellas Prizes & Awards Group Pictures Rules Summary The Stickiest Rules Recipe • Make servings any size, but we recommend small (1-3oz). • Provide your own equipment & supplies. • Provide 12 Judging samples. Booth • • • • • • StoryTree® 1-Page Business Plan must be on front of stand. Provide your own equipment & supplies. Tents OK must be secured for wind (sandbags/heavy objs). No power available. Quiet Generators OK. 10’w x 10’d x 15’h max. All food items must be prepared & packaged in a certified commercial kitchen. Partnering with restaurants OK. Stage Pitch • OK to sing, dance, make signs, do a skit, etc. • 1-minute max. After that, you’ll be gonged! • Microphones provided. Profit & Sharing • Free to Enter, however a 20% Lemonade Tax on Gross Income is deducted to pay for the event. • Materials & Supplies Reimbursements will be provided to the extent your net income can cover it. • Sponsors may contribute supplies or cash to your team. • Your Charity receives 100% of Net Income. • Cash & Other Prizes: provided by Lemonade Alley and corporate sponsors at their discretion. • See Competition Day Forms for Lemon Bank Deposits, Reimbursements, and other forms. Rules Will Be Enforced by Lemonade Alley Referees Judging Criteria Performance Ratings Each category listed below splits allocated percentage points equally among sub-category criteria: 20% StoryTree® Business Plan • • • • Business Roots: key trends, biz model & charity integration. Trunk Message: name, logo & slogan. Sales Canopy: product & merchandising strategy. Audience: understanding of key targets. 20% Lemonade Recipe • • • • Flavor: Lemoniness, sweet-to-sour ratio & overall flavor. Healthiness: nutrition, low acid, low sugar, organic. Mouth-feel: texture & temperature. Presentation: cupping & visual appeal. 20% Lemonade Stand • • • • Message Quality: persuasiveness & clarity. Customer Experience: courtesy & issue handling. Sales Efficiency: ordering, purchase & pickup experience. Cleanliness: team members, customer & production areas. 20% Sales Pitch • • • • Projection: audience connection skills. Use of Time: optimized time & finish on-time. Message Quality: persuasiveness & clarity. Entertainment Value: catchy & creative. 20% Net Income • • Breakeven: 100% awarded for not losing money. Grading Curve: 100% for Top Net Income Team. Other Teams get % score equal to each team’s Net Income vs the Top Net Income Team in their division. See Rules at: lemonadealley.com/rules TEAM # StoryTree® Biz Plan LemonadeAlley.com Profit to SHARE! © 2015, BizGym. All Rights Reserved. Provided courtesy BizGym.com, the entrepreneur’s growth app 18 T. NAME TEAM # Expense Donation & Reimbursement Request Form Complete this form, attach receipts, & submit to the Lemon Bank on Competition Day. Expense donations are tax deductible. Reimbursement payments cannot exceed Net Income. A check will be mailed to your Treasurer upon approval of expenses. # Description Product Costs Personal expenses and items such as ice chests and tents that can be re-used are not reimbursable. Reasonable examples include lemonade mix, fruit, sugar, cups Stand Costs Other Expenses Reasonable examples Reasonable examples include signage, include napkins, equipment, decorations, rope, tape uniforms 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Subtotals TOTAL EXPENSES DONATE EXPENSES TO CHARITY $ You may donate any or all of your reimbursable expenses. Contributions are tax deductible and donors will receive a Donation Acknowledgement Letter for tax filing purposes. To contribute, indicate an amount here: $ TOTAL REIMBURSEMENT REQUEST $ Tip! You can improve your Judging Score AND support your charity by donating your reimbursable expenses! I certify that these expenses are legitimate & accurately stated. Signature: Name (reimbursement payable to): Lemonade Alley Auditor Signature: Street: Auditor Name: City: State: Zip: © 2015, All Rights Reserved. Lemonade Alley, BizGym Foundation BGF is a 501C3 nonprofit | 1012 18th Ave. Honolulu, HI 96816 LemonadeAlley.com | BizGym.org
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