lemonade stand activity
DESCRIPTION
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. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Lemonade Stand Activity](https://reader033.vdocuments.mx/reader033/viewer/2022061605/568146b9550346895db3e467/html5/thumbnails/1.jpg)
LemonadeStand Activity
![Page 2: Lemonade Stand Activity](https://reader033.vdocuments.mx/reader033/viewer/2022061605/568146b9550346895db3e467/html5/thumbnails/2.jpg)
Lesson 11
The Lemonade Stand
![Page 3: Lemonade Stand Activity](https://reader033.vdocuments.mx/reader033/viewer/2022061605/568146b9550346895db3e467/html5/thumbnails/3.jpg)
What’s The Big Idea About Running A
Business?
![Page 4: Lemonade Stand Activity](https://reader033.vdocuments.mx/reader033/viewer/2022061605/568146b9550346895db3e467/html5/thumbnails/4.jpg)
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.
![Page 5: Lemonade Stand Activity](https://reader033.vdocuments.mx/reader033/viewer/2022061605/568146b9550346895db3e467/html5/thumbnails/5.jpg)
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.
![Page 6: Lemonade Stand Activity](https://reader033.vdocuments.mx/reader033/viewer/2022061605/568146b9550346895db3e467/html5/thumbnails/6.jpg)
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.
![Page 7: Lemonade Stand Activity](https://reader033.vdocuments.mx/reader033/viewer/2022061605/568146b9550346895db3e467/html5/thumbnails/7.jpg)
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.____________
![Page 8: Lemonade Stand Activity](https://reader033.vdocuments.mx/reader033/viewer/2022061605/568146b9550346895db3e467/html5/thumbnails/8.jpg)
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.
![Page 9: Lemonade Stand Activity](https://reader033.vdocuments.mx/reader033/viewer/2022061605/568146b9550346895db3e467/html5/thumbnails/9.jpg)
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.
![Page 10: Lemonade Stand Activity](https://reader033.vdocuments.mx/reader033/viewer/2022061605/568146b9550346895db3e467/html5/thumbnails/10.jpg)
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.
![Page 11: Lemonade Stand Activity](https://reader033.vdocuments.mx/reader033/viewer/2022061605/568146b9550346895db3e467/html5/thumbnails/11.jpg)
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.