CASPER, Wyo. — The young participants in this year’s Lemonade Day have staked their locations, have readied their stock and are prepared to serve the community a refreshing drink today.
Lemonade Day officially kicked off at 8 a.m. with stands set up throughout the community. Looking for a young entrepreneur to support? The Lemonade Day website offers a map, available by clicking here, showing more than 55 stand locations.
This year marks the eighth annual Lemonade Day. Participants will keep 100% of the money they earn. They can average $100 in profit for the day, with customers having spent more than $40,000 during Lemonade Day over the years.
Lemonade Day is a fun opportunity for kids to learn how to start and run their own business. It starts the process of getting kids thinking about being entrepreneurs and teaches them how to manage money, according to sponsors. To participate and succeed, kids must follow a 14-step process that includes budgeting, marketing, construction, research, developing a recipe and tabulating business results.
Kids and parents are not expected to navigate the system all on their own. At the Lemonade Day Kickoff on May 4, they received a Lemonade Day backpack, which contained everything they needed to get started, including an entrepreneur guide, coupons for supplies, and more. About 350 children attended the event at Hilltop National Bank.
On Saturday, June 18, the young entrepreneurs brought their stands to Sutherlands for the best stand contest. The first-place winner, Airean, took home an 8-inch smart tablet.
