Brett Patterson
Business 599
Instructor Singh
November 14, 2011
As we march on into season 3 of the lemonade carrel we offer come over that my barter has continued to educate a profit on the sign capital. By take c aring at the attached income and balance sheets we see that the debt-equity ratio continued to decrease meaning that the point of view does non chip in a lot of debt (Brownfield, 2007). By anticipateing at the other ratios we see that lemonade stand is a successful business organisation. If you look at the Balance Sheet for season 3 you back end see that the cash has increased and the liabilities have decreased. This means in that location are more(prenominal) assets available than debt, and that the stand was successful in season 3. By aspect at the income sheet you can see that total earnings continued to increase spillage into season 3. My total earnings increased from season 2 to season 3 by almost $115.
I detect as though this venture was well suited for me and my plans. If we look at the implicit revenues we see that I made a total of $175 ($50 a season improver $25 the first season) just for starting my own business and being my own boss. This experience was very rewarding and taught me a lot about how to run a business. Furthermore, the implicit expenses are $6.00 for season 1, $6.50 for season 2, and $7.
25 for season 3. These expenses are what I could have been making had I decided to work at Wal-Mart or 7-11. I feel that my decision to open a lemonade stand was far more rewarding than works for someone else make even less money.
Overall, the lemonade stand was a big success. The prospect to run my own business far surpasses the costs of working for someone else. Had I had more time to continue my stand I think it would have made even more of a profit and further shown that this was the right choice for me scorn the alternate opportunities. The lemonade stand is a great opportunity for anyone looking to learn the value of running a small business and is well...If you want to get a full essay, order it on our website: Ordercustompaper.com
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