AJ stands for Andrew Jackson, our 7th president. His reputation for toughness earned him the nickname "Old Hickory." A hero of the War of 1812, Jackson has appeared on the $20 bill since 1928.

Anna and Hayley share the secret to how to drum up business for your money-making projects.

Spread the word

Let the people know you have a great product at a reasonable price.

If you're located in an area with high foot traffic and a hot sun, a single sign may be all you need.

But if you're out of the way, you need to work hard to tell people what they can get from you! Do as the people do for garage sales: Put up some colorful, homemade signs in the neighborhood pointing customers to your stand.

Name your price

  Are you a Lemonade Czar?

"Pricing" means how much you charge for a cup of lemonade.

Charge enough to cover your fixed costs and make a profit.

What you can sell your lemonade for depends on supply and demand.

Consider this:

• Where else can people buy what you are selling?
• How much do your competitors charge?
• Are they close by?

You also can offer different sizes, at different prices. Try it, and see what happens.

No matter what, get ready to stand in the hot sun and cheerfully greet your customers!

Click here to learn more about author Mike Baron.
About Author Mike Baron

Mike Baron lives in Fort Collins, Colorado. He got his start in comics by teaming up with an artist named Steve Rude. Baron calls Rude "an excellent artist."

Together they created a twelve page science fiction story called Nexus.

Baron got his break when a local company, Capital Comics, agreed to publish the comic. He says, "Nexus led to many offers for both of us."

Baron also writes the Natalie comic strip in 5-Spot. Look up at the top of any page in 5-Spot and click on Natalie's image on the clothesline!

Close

Sell with a smile

It's not enough to be able to make lemonade; you have to sell it too. This is where your people skills come in.

Buying lemonade is a face-to-face experience. Customers will enjoy their glass of lemonade more if you serve it with a smile and personality.

If you're friendly, you have an advantage over your competitors across the street.

Competition

If everyone on your block is selling lemonade, that's competition. There already is a large supply of lemonade in your area. A lower price may attract customers to your stand.

If you have the only lemonade stand around, there's no competition. If you're selling lemonade faster than you can make it, raise your prices. In this case, demand is bigger than supply.

Close

Smile, and after your success, grow your lemonade stand!

Virginia Credit Union What makes credit unions so great? Members like you. Every dollar you invest in your credit union earns you money while other members borrow it. When you're ready for a loan, other members' savings will be there to help you out at the lowest possible cost.