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Run a Lemonade Stand

Home > Melbourne > Fun for Children
by Matthew (subscribe)
WEN Editor
Published January 10th 2011
It may look, sound and feel like a cliché belonging to the 1960s or 1970s era, but the idea of a setting up a lemonade stand could be a classic, timeless and enjoyable activity, even today.

Any form of self-employment or sole trading conducted in Australia requires an ABN, or Australian Business Number. Be sure to register for an ABN before you do anything else.

All you need is a respectable sized table, some chairs, a cooler with water and biodegradable cups. Don't forget to set up a banner that says LEMONADE, accompanied by price per cup. Arrange your fees based on ingredients expenditure and by setting a decent profit.

This special lemonade is made from granulated sugar, squeezed lemons and chilled water. Make sure you experiment to get just the right twist of flavours prior to launching your enterprise.

Be strategic. Set up shop in a busy area. Dot all your I's and cross all your T's. Keep in mind that some municipalities have different regulations regarding permits.

Lawsuits are more than common these days, so liability insurance can be another issue. Consult your solicitor about whether or not you need it. No matter how ridiculous the hypothetical, anything is possible. Such potential incidents that need to be dealt with may include a customer's allergic reaction to lemons, or customers walking into your stand and bringing the whole thing down upon themselves, you and others.
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Why? For sweet profit with a sour taste
When: Anytime
Where: Anywhere in a busy street
Cost: Depends on lemonade ingredients and setting up shop
The legal advice in this article is well reccomended to follow on through with.

I didn't register an ABN prior to my Lemonade stand and then was sentenced with the crime of Tax Fraud.
By Anonymous
Friday, 10th of June @ 03:05 am
Thank you for sharing. It just goes to show everyone how important the acquisition of an ABN is.

Generally speaking, the above article does not offer legal advice and should not be relied upon for such. That's why a solicitor is recommended in the article.
By Matthew - senior reviewer
Friday, 10th of June @ 03:27 am
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