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Lemonade Stand Activity

Lemonade Stand Activity. Lesson 11 The Lemonade Stand. What’s The Big Idea About Running A Business?. Big Idea #1. A risk is a situation that is uncertain. You do not know what is going to happen.

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Lemonade Stand Activity

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  1. LemonadeStand Activity

  2. Lesson 11The Lemonade Stand

  3. What’s The Big Idea About Running A Business?

  4. Big Idea #1 A risk is a situation that is uncertain. You do not know what is going to happen. For example, you are taking a risk when you start your own business. The business might be successful, or it may not be successful.

  5. Big Idea #2 A business plan is a set of goals and instructions for a business. For example, if you want to start a lemonade stand business, the goals and instructions that you will have for this business is your business plan. Every good business has a business plan.

  6. Big Idea #3 Profit is the money that you get to keep after you pay all of the expenses for your business. For example, if you spent $2.00 to make a cup of lemonade, and you sold the cup of lemonade for $3.00, your profit is $1.00.

  7. Big Idea #4 Supplies are things that you need for a business. Can you name 5 things you need for a lemonade stand business? 1.____________ 2.____________ 3.____________ 4.____________ 5.____________

  8. Big Idea #5 A cost is the amount of money that you need to spend for your business. For example, if you spend $2.00 for lemons for a lemonade stand business, the $2.00 is a cost.

  9. Big Idea #6 A risk is a situation that is uncertain. You do not know what is going to happen. For example, you are taking a risk when you start your own business. The business might be successful, or it may not be successful.

  10. Big Idea #7 A business plan is a set of goals and instructions for a business. For example, if you want to start a kite business, the goals and instructions that you will have for this business is your business plan. Every good business has a business plan.

  11. Big Idea #8 Profit is the money that you get to keep after you pay all of the expenses for your business. For example, if you spent $.50 to make a glass of lemonade, and you sold the lemonade for $2.00, your profit is $1.50.

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