Meet Therese(8) and Seromi (6). They are sisters as well as business partners. They agree to share the profits and losses. Seromi trusts her sister who is really good at decorating and making. And Therese believes that her sister will use her charm to solicit customers and serve well. Just like many of you, they like to play outdoors and watch fun Netflix shows. Especially, Therese love arts and crafts. Therese will be working on decorating a stand. You will see some of her adorable paintings alongside. Seromi has so many BFFs. She has often hard time working on her birthday friends list. You will see Seromi greeting people and serving them.
Therese and Seromi are building and starting a lemonade stand from scratch and with little as $40, their allowances from grandparents.
there are three parts of it; spending(what you want to spend your money on), saving( for the future or unexpected things), and giving (making a donation to charity)
Therese and Seromi both decide that they want to buy IPods for themselves, which cost about $200 each, save another $200 for the future and make a $200 donation to a local charity of their choice. So, they need to make a total of $800 profit.
Make a plan
Since Therese and Seromi agree to work together, they are learning to collaborate along the way. To have a profitable stand, they have decided to set up their stand at Seneca park in Louisville, where they can find thirsty people.
They had their first meeting at a local Starbucks. The reality is they were much more productive in the car while commuting to school.
They also ask public opinion on social media to nail down on their selection.
Therese and Seromi go ahead with Seneca park which got the most votes and discuss how to ask permission from business owners for their stand locations.
This is how their lemonade stand, Cool Lemon Tree is born.
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Facebook page www.facebook.com/coollemontree
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