100 Pound of Popcorn Review

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100 Pound of Popcorn ReviewThis book is a lesson in business economics disguised as a children's story. Andy Taylor and his family are returning from a summer trip to the beach and they are in a traffic jam. In an attempt to dodge the traffic they take a side road and end up following a slow-moving truck. When a 100-pound bag of popcorn falls off the truck they attempt to return it but the owner says it would be more trouble for him to accept the return so they should just keep it.
This starts the intellectual wheels turning in Andy's head so he decides to start a popcorn selling company, a quick calculation leads him to believe that he will make a great deal of money. He recruits some of his friends only to discover that he needs initial capital, a sales plan, ways to advertise and a place to pop the corn. It is a microcosm of the model of a business and each of the difficulties that must be solved is explained in language that a child can understand.
After a great deal of hard work Andy's group is disappointed at the rate of return. However, when they go to the bank one of the employees does the computation and informs them that their return on investment was one that all businesses dream about. I first read this book when I was in elementary school and it helped prompt me to start my own neighborhood business-selling popcorn at a nickel a bag. Fortunately, I did not have the difficulties encountered by Andy and his friends.
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