tcufrog
DIS Veteran
- Joined
- Jul 18, 2012
I was wondering whose kids had started a summer business and if they had any advice for my kids. Our neighborhood HOA operates a community pool that is quite popular in the evening and on the weekends. My kids want to start a snack stand that sells prepackaged items (bottled water, soda, juice boxes, chips, and candy) since there isn't one there and no places to buy a treat within walking distance of the pool. The options are to either bring snacks from home or walk/drive home when hungry. My husband is a successful entrepreneur so he's discussed things like profit, loss, inventory, etc. with them. We will loan them the money to start and they will pay us back with the (hopeful) profits. They're planning to sell each item for 50 cents or $1. We were going to get a square account with a minimum $5 purchase if you wish to use a credit card. Our house is within walking distance so they plan to walk the merchandise down there in wheeled coolers we have and we'll drive down the card table, folding chairs, and sign. We think the only thing they will need to get at first are: change, cash box, credit card processor and cash box. We already own everything else.
I was wondering what advice y'all have for us. I feel we've made a thorough plan but I'm sure there's stuff/issues we haven't thought of.
I was wondering what advice y'all have for us. I feel we've made a thorough plan but I'm sure there's stuff/issues we haven't thought of.