Youth Entrepreneurs who want to start, own and operate their own business (lemonade stand) are encouraged to sign up now for Lemonade Day McAllen, being held Sept. 19.
Lemonade Day was designed to teach youth how to start and run their own lemonade business. Through the enterprise, children learn the entrepreneurial skills necessary to be successful in the future and become contributing members of their communities.
Each child that registers for Lemonade day receives a yellow backpack containing an entrepreneurial workbook for the child and a caring adult guide. The workbooks outline the steps needed to start a business, from setting a goal, creating a business plan, forming a budget, finding an investor, to saving money and donating a portion back to their community.
Once the young entrepreneurs cover their expenses and pay back investors, each may keep what they earn. Children are then encouraged to open a youth savings account for their profits to continue to grow, as well as give a portion of their earnings to a charity.
Proceeds from the sales of each lemonade stand go to each participant or team. Participants are allowed to organize their own teams to help setup their lemonade stand. All the members of the team must register.
Registration is currently open and will close on Aug. 10 or when capacity of 400 participants is reached. There is no cost to register for Lemonade Day McAllen, but each participant must be a resident of the City of McAllen, is required to step-up their own lemonade stand in an official location, and needs to invest and prepare their own lemonade.
To register online, visit McAllen.LemonadeDay.org. For in-person registration, visit the McAllen Chamber of Commerce, located at 1200 Ash Ave., and request a registration form.
Interested volunteers are also asked to contact contact Eduardo Millet at email@example.com or visit McAllen.LemonadeDay.org.
Lemonade Day McAllen is presented by the McAllen Chamber of Commerce and Clark Chevrolet and sponsored by HEB, IBC Bank, Watermill Express, Applebee’s, Texas Border Business, Mega Doctor, El Periodico USA and Telemundo 40.