Mama Diaries

Wednesday, August 9, 2017

Lemonade, Inc.

Running a lemonade stand these days is a complicated business! It used to be that you could just put up a table, mix a pitcher of lemonade, maybe make a sign, and wait for the crowds to show up. Or not.

That's not the way it is anymore. You're supposed to have a lemonade stand permit before you set up anywhere. Why? I have no idea. Probably just a way for cities to profit from the entrepreneurial youngsters in the area.

My boy and his friends made it even more complicated. Each person selling lemonade had to have stock in the company.

Stock?

Yes, ladies and gentlemen. This is how it went down:

"Mama," my boy said. "I own stock in the lemonade stand."

"What?" This sounded absolutely ridiculous. "How much did you pay into this lemonade company?"

"$1.50."

Okay. That wasn't bad.

He explained further. "We had to buy stock, so that we could participate in the sales. If you don't contribute, you don't get any of the profits."

It kind of made sense. They used their "stock money" to purchase lemonade mix and cover any other business expenses they accrued.

It worked out pretty well for my boy. The young entrepreneurs had a substantial amount of sales. They set up for three days, and every day, each boy made $10.50. I'd say that was a good payback! 

34 comments:

  1. That's not bad! You have a businessman in the making there.
    A permit for a lemonade stand is crazy though.

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    1. I agree! Why can't kids just set up without one?

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  2. That is a great return indeed. Good business sense. Wacko that they want to make kids get a permit.

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    1. I think that was probably the most successful lemonade stand ever.

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  3. Good for your son, shows he has quite a future.

    Yvonne.

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  4. I'd never thought of stock in a lemonade stand. Leave it to Bubba.

    Love,
    Janie

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    1. He knows how to think outside the box.

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  5. Good job, Bubba. He's a budding businessman for sure.

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  6. That's actually a good idea. Make them all put in the start up costs. Clever.

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    1. As a parent, I think it's wonderful. Now I don't have to foot the cost of supplies!

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  7. Lemonade stand permit!??! What is the world coming to--LOL! :) Nice that they made a profit, though.

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    1. I'm glad the cost of stock was worth it!

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  8. wish kids would not think about money at all

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    1. I think they kind of have to. It's preparation for adulthood.

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  9. This reminds of the add for a telephone company where they see a lemonade stand and the little girl charges an exuberant amount.

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    1. Haha! I would say their cost was reasonable. I think it was 50 cents a cup. They sold a lot!

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  10. Brilliant! Way to go! That is excellent! I can't believe they had to have a lemonade stand permit. That is crazy!

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    1. It is ridiculous. And I've heard of kids getting fined for not having one.

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  11. Wow! They did so well for themselves!

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  12. Didn't I hear somewhere of a child being fined because they didn't have a permit for selling lemonade at their parent's garage sale.

    Anyway, way to go Bubba. He's obviously quite the budding entrepreneur.

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    1. You probably did. I've heard of a similar situation. Ridiculous!

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  13. Wow! That is a considerable amount of money. Maybe I should set up a lemonade stand. ;)

    Crazy that kids have to have a permit to sell lemonade. I am curious about why that started happening.

    Bravo to the young entrepreneurs. :)
    ~Jess

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    1. Must be some kind of moneymaker for the city. I don't think it's a great way to encourage kids to develop an entrepreneurial spirit.

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  14. Those earnings are great! Had no idea lemonade stands require permits nowadays, though...wow.

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    1. It's crazy! I hope cities do away with that. It doesn't seem very fair.

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  15. Those sound like some smart kids. I tried a lemonade stand when I was a kid but never got too far with it. I've always been better at losing money than making it.

    Arlee Bird
    Tossing It Out

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    1. My kids have always had good luck with them. Must've have been the location - and their charming personalities. :)

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  16. Your kid's a smarter investor than I am. 60 years from now, when I'm an elderly Walmart greeter and I say hello to him, I hope he'll flip me a quarter.

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