Session materials from "The Lemonade Stand: Create your First Financial Statements from Lemons and Sugar," presented by Annie Sullivan-Chin at NASCO Institute 2015.
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In this learn-by-doing session, we will walk through the first few weeks of a new lemonade stand business. Using an imaginary initial investment from our co-op members (and their Moms), we will "do business" in groups, making choices about investments and expenses along the way. Each group will track their progress by creating Income Statements, Balance Sheets, and Cash Flow Statements to tell the story of the choices they made and the results of those choices.
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