Preparations begin for 2018 Lemonade Day

WICHITA FALLS, Tx (RNN Texoma) - Some kids took part in an event in Wichita Falls that empowers today's youth to become tomorrow's entrepreneurs.

Hosted by Lemonade Day Wichita Falls, the children were invited to Texoma Community Credit Union for a special night to learn more about the financial part of starting a business, loans.

Participants also presented their business plans to lenders.

"I think Lemonade Day is a great opportunity for the community because it's a different type of learning lesson that's outside the classroom. It's completely free and fun. It teaches you business skills and financial skills that you can't really learn until you're an adult (and) actually handing money. So, this gives them a little preparation for the future," Lemon Day Lender Morgan Lord said.

The kids went in and spoke with a loan officer and were asked questions about the business like the name, type of lemonade they would have, how big the stand will be and where it will be located.

Lemonade Day is set for Saturday, May 5.

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