Do you need something to keep your kids busy during summer vacation? One of our favorite life lessons to be taught is the importance of shopping local and supporting the surrounding community, and starting that conversation with school-aged children is a great time to introduce the topic.
This summer, encourage your children to start their own local business. Whether it is a lemonade, cookie or craft stand, developing a plan will help them learn about running their own business, shopping local and supporting their community in the process.
Have them put their business plan on paper, which includes selecting a business idea, making a list of items you’ll need, creating a profit planner (expenses and profits) and promoting the product or service.
A couple of hints to keep in mind:
In no time, your child will see the customers rolling in. When your child sees how they benefit from others shopping at their stand, they will understand the importance of buying local.