Drinking In Lemonade’s Lessons
Q: What’s a good way to begin teaching our children the basics of how to start and run a small business?
A: One very good way is to participate in Lemonade Day on Sunday, May 1. This is a free communitywide program dedicated to teaching children how to start, own and operate small businesses through the time-honored act of building and running a lemonade stand.
Lemonade Day pairs an adult with a child and provides free materials and support, thanks to local sponsors who recognize the significant benefits of teaching youth business skills early. Imperial Sugar, as a longtime company in Texas, and BBVA Compass continue to be the leaders in supporting Lemonade Day.
The best part of the program is that youth learn real life skills through the experience of starting, owning and operating their own small businesses. This gives them the opportunity to “spend a little, save a little and share a little.” After covering their expenses and paying back their investors, children are encouraged to open a youth savings account and donate a portion of their profits to a charity of choice.
On Lemonade Day, everyone has a job — either buying or selling lemonade. Houstonians are encouraged to simply purchase a cup of lemonade from someone participating in the program, to demonstrate how our community cares for the youth in Houston
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