The Lemonade Stand Business

42-1 (75)
RELEASE DATE: JUNE 7-13,1975
'1 oun9 readers
Member of ~
()d:..
Distinguished Achievement Awards Winner 1974
Jl:DPRJI: • •
By BETTY DEBNAM
Free Enterprise and ..
The Lemonade Stand Business
To better understand how our
country's economy works, let's look
at the lemonade stand business.
In the U. S. we have the FREE
ENTERPRISE system or way of
producing and selling things.
Under this system, anybody can
go into the lemonade business who
wants to.
Our free enterprise system is
mixed with rules and regulations.
For example, you might need a
building permit to set up your stand.
You might need a health permit to
make something that people will be
drinking.
The free enterprise system gives
you these rights:
1. The right to start a new business.
2. The right to make a profit.
3. The right to go broke!
Kids in Philadelphia sell lemonade to visitors to the city. If
their profits are too good, their neighbors will probably start
their own stands soon. With so many tourists flocking to this
city, this will be a good lemonade stand year in Philadelphia.
Before
you go into
business,
you must
have
CAPITAL,
or money to
buy the
things you
need to
open your
stand. You
could use
your own
saVIngs, or.
you might
borrow the
money. Be
sure to pay
it back.
(Photo cou rtesy Philadelphia '76 Inc.)
Competition is the idea behind free enterprise!
You must have a
good product at a
good price.
To compete, you
must keep the
price low.
-BlAST" · ICE
•
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15 •
If you don't, other
people will get
your business.
•
CoLD
LeMoNADE
4
•
7 •
So you must keep
your costs low.
SU?er
You've got to
be competitive.
TAST'( _,
LEMoNa~e
tJ);
You have to be efficient.
o
¢
~
..rJ'JI""",
If the price of
lemons goes up,
you will probably
have to charge
more and might
make less profit.
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LEMON At>E
LeMONA~E
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If there is a great
demand, you can
charge more.
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Stockholders
.
If you have trouble raIsIng
money for your business,
you might want to sell
stock. To do this, you divide
the business into parts or
shares_ Everybody chips in
and shares in the profits.
These co-owners also have a
say in how the business is
run.
ADVERTISEMENT
~elk~~J joKe. So
'if~1/\)) t un.
a. ncl
al"ld
n\
I"\'\Ol'e
It's Your Business!
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NAM E
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I ADDRESS .
I CI TY
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ZIP
ILemonade Stand Puzzle-Ie-do@ I
ACROSS
1. The money after
you have paid expenses.
2. What you usually
put lemonade in.
3. A cool summer
drink.
4. A place where you
might sell something.
5. What you hope customers will do.
1
'1
Answer block:
ACROSS
hnq 'g
put:qs'v
aptmowal 'f:
sdno'z
mO.Id'l
Here are some going-into-business tips for
lemonade stand operators:
Know your product. Get a good recipe and try
it out. Figure out how much you should
charge for each cup so you'll make a profit.
Know your m;trket. Find out if there are
enough customers in the neighborhood. Also,
a good loe tion is important to the lemonade
stand business.
"~
Know what you' are doing. Check out other
lemonade stands. Talk over your plans with
others who know something about the business.
.
Try to satisfy your customers. A happy customer is your best advertisement.
6
DOWN
1. What you
charge for
something, 4
6. Customers
spend it.
'---""""'---'--..........----110----1
7. It makes
lemonade
sweet.
Two lemonade stand operators wait to see how their customer likes his
drink. Sellers should always try to keep buyers happy!
DOWN
.
...-..
.Itl~ns
'J.,
hauow'9
aopd 'I
-
ITips to Lemonade Customers
~~~"UN\
1. If possible, check a
'.
~ . 1'uM number of lemonade stands
~
·t o find ~he best pr!ee. Talk to
~. : ~'f '
custom~rs to see If they are
:Z7~ '
happY·j
2.. Be very suspicious of a low
prIce.
.J '\
3. If you don't like one stand, try another one
until you get what you like.
'.I,nntlM ~op '9 '.I<lnnd pa<lM 'g '.Ia.IaltlM lUtlld 'v
'.I<lqStlM .ItlO 'f: '.IaMOW SStl.I~ 'z '.Ian!S hqtlq 'I :)[oolq .IaMSUV
4. Ask the lemonade stand clerk what he
puts in his drink. Is the lemonade frozen?
Does he use fresh lemons? Does he use bottled lemon juice? What else does he put in it?
Does he make his lemonade in a clean
kitchen? Try to find out about any product
before you buy it.
ISuper Sport: Tom Weiskopf
Tom Weiskopf, his golf
game hampered by a sore
hand last year, has come
alive again in 1975. Tom
got off to a good start and
won the Greater Greensboro Open Tournament. It
was his 10th tour victory.
Tom's best year was in
1973, when he won four
tourneys and more than
$245,000. Tom Weiskopf, a
tall, handsome 34-year old,
was born in Massillon,
Ohio. He attended Ohio State University. He is
married to a former beauty queen, Jeanne Ruth.
They have one daughter named Heidi. In addition to golf, Weiskopf also enjoys hunting.
"fAKE SNACK PACK ~DDI NG
ALO/lX;:' SAID I "YOUR CRUISE
(;JIL.L. 13£ A BREEZE."
:.LLLILJ.'"---I
" If$ WVW BY EVERY GAL.
AND GUy, !=ROM FRQ:;S '10
CHIMPANZEES :'
NOAH -roLD ME LAfER,·J4..CK,
YOU'RE RI GHf AS RAIN, THAT
TASTY SNACK ffiCl< PUDDING
TICKLED EVERY TWAIN."
H unt 's and Snack Pack. are regis tered trademarks of Hunt ·Wesson Foods. I nc.
I
ci)
Mini Jokes ~
c 1975 H unc ·wesson Foods, Inc.
ILet Dad Have His Day
',
.. ... .
'
Dads like special attention. These children serve their
father coffee.
The Mini Page interviewed
some fathers to find out what
they might really like. Here are
some of their suggestions:
"Let me sleep late."
"Don't fuss so I won't have to
settle any arguments."
"Try not to ask a lot of questions for one day."
"Make your own Father's
Day card and write your own
note to me. I like that better
than store-bought cards."
"Kids might like to celebrate
Father's Day several times a
year."
42-4 (75)
FOR
SALE
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How many M words can you find?
IMini Maze
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Help the little girl find the lemonade stand. She's
very thirsty.
ILemonade Stand Try 'N Find
.,•
Draw Dot to
Dot and Color.
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IWhat Would You Do?
Lemonade stand words are hidden in the block
below. Can you find: cash, sell, advertise, labor,
change, buy, stand, lemons, consumer, compete,
profits, manager, market, business, cups, product,
capital, price, money, cost.
LAB 0 R 0 C HAN G E
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You want to go into
business but you have
no money at all. What
would you do?
A very good friend
stops by your stand.
He is broke but very
thirsty. What would
you do?
."