Lesson:
Welcome to the Lemonade Stand Business
- Course: Finance for Absolute Beginners
- Module: Setting The Foundation
- Lesson Type: Video
- Lesson Duration: 0:51
Lesson Content
Let's first look at what the lemonade stand business does. What do we sell? Lemonade!
Who are our customers? Boys and girls, moms and dads, grandparents, pets (maybe), and anyone walking or driving by who is thirsty.
What do we need to sell our lemonade? We need lemons, cups, ice, sugar, water. We need supplies.
Who are our suppliers? Think grocery stores.
What are we in business of? Understanding what our product or service is, who our customers are, what we need to have in place to sell our product or service and who our suppliers are, is the foundation for developing business thinking and contributing to the organization's performance.
Instructor:
Anna Samorukova
Anna designs and delivers learning and change facilitation experiences that speak to the learner and inspire people and organization reach for potential and create an impact with. She applies engaging,...
Anna's Full BioModule 1 0/5
Setting The Foundation
Module 2 0/2
Day 1
Module 3 0/1
Day 2
Module 4 0/1
Day 3
Module 5 0/4
Accounts Receivable, Accounts Payable and Inventory
Module 6 0/1
Interpreting Financial Statements
Module 7 0/5
Conclusion