Today our neighborhood had its annual community-wide yard sale. It always draws a large number bargain hunters from around the area and Maegan wanted to use this opportunity to sell her homemade lemonade.
I set her up with a table, tent, and chair. Last night she made a sign and we bought the necessary ingredients. I paid for the lemon juice and sugar but I made Maegan pay for the plastic cups. I taught Maegan the meaning of the word profit, and how she would need to sell more than the $2.25 she paid for the cups just to not lose money. I also made her figure out how many cups of lemonade she would need to sell. At 75 cents a cup, that’s three to break even and four to turn a profit.
The morning started off slow. Nobody wanted lemonade at 8:00am and it wasn’t hot out yet either. But as the morning went on she sold one, then another, and eventually made her investment back. Then after 10:30am the customers (half of which were yard-salers and the other half neighborhood kids) began to roll in. By the time I took down the tent and table, Maegan had sold 18 cups of lemonade, making a profit of $11.25! Plus she sold a few of her old stuffed animals as well.
