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Location, Location, Location
Before I did anything else, I needed to pick a location for my lemonade stand. In business, timing and location is everything. I needed to make sure that I picked the right location and showed up at the right time to maximize my profits. Selling lemonade in the middle of the night or in the middle of nowhere will not win me this competion
I searched and I searched. I narrowed it down to two: either on the beach or near the pizza shop. The pizza restaurant had large crowds at night while the beach got most of its action during the day. I decided to pick the beach because the pizza restaurant served drinks and I did not want to compete with their business.
Once I determined my location, I need to decide what my stand would look like and what I would sell. I had saved up money over the winter from shoveling snow and had up to $100 to get my business off the ground.
I realized quickly that I might need a loan if I did spend my money wisely. From an umbrella to a cooler, I needed more than just lemonade.
So I went to the store and purchased everything I needed to make an awesome stand. The materials cost me $60, which left me enough money to buy not only lemonade, but water, Gatorade, soda, and candy bars.
I decided I would sell more than just lemonade. I was a one stop shop for beach goers!
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This is an example of what a student might create for this assignment

Location, Location, Location
Before I did anything else, I needed to pick a location for my lemonade stand. In business, timing and location is everything. I needed to make sure that I picked the right location and showed up at the right time to maximize my profits. Selling lemonade in the middle of the night or in the middle of nowhere will not win me this competion
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