Having a lemonade stand is a classic way to teach your child some of the basics of life such as communication skills, the benefits of hard work as well as financial education. Click continue to learn a few other benefits of why your little one should run a lemonade stand this spring/summer.
Build an entrepreneurial spirit
Your child will certainly be empowered each time a customer says “thank you,” or “wow, this is some really good lemonade.” Also, running a lemonade stand will certainly help your little build an entrepreneurial spirit.
Build work ethic
Your child will definitely build a strong work ethic, they’ll be looking forward to squeezing lemons each day. Chances are your little one wants to continue to do a good job, they do not want to let their customers down.
Communication Skills
Each time your little one interacts with someone from the neighborhood, naturally they will be building on their communication skills.
Ambition
Selling lemonade will teach your child how to be ambitious. They will be determined to sell more lemonade and eventually have a strong desire to always succeed.
Marketing Skills
Whether it’s getting creative with their lemonade stand to attract customers or having a 2 for 1 special, at an early age, your child will be learning different ways to market and sale.
Utilize creativity
It’s important to always nourish your child’s imagination. They’ll be utilizing their creativity when it comes time to design their stand.
Financial Education
Of course your kids will look forward to the money that they will make from their sales. Earning coins will teach your children at an early age all about commerce and economics.