Laila's parents helped her create a lemonade business called "Laila's Lemonade," using her grandmother's recipe.

"She was like, 'I want it online so it can reach thousands of people,'" Laila's mother and co-owner of the business, Lakisha Ratliff, said, WSOC-TV reports. "So at that point, it was a game-changer."

Laila was only 5 years old when she had the idea to start her own business, and her mother stepped in to support her.

"I'm thinking front yard, little lemonade stand outside, but she had a bigger vision. She was like, 'No, I want to have my own bottles, I want to be able to go into stores, and I want to be able to meet people,'" Lakisha said to Good Morning America.

Currently, Laila's Lemonade comes in 22 flavors and sells for $6, according to Good Morning America. 

Laila uses her business to give back to members of her community. Last December, her family gave retired residents in High Point, North Carolina, warm clothes and donated "blessing bags" to give to the homeless.

"I started my business because I want to help people that aren't as fortunate," Laila said, according to GMA. "It's fine to get stuff, but sometimes you have to give back to people that don't have as much."

In addition to aiding her daughter in her charity work, Lakisha immerses herself in keeping up to date on food vendor laws, negotiating contracts and learning about administrative processes.

"I think it's good for every child that has a dream or a vision for their parents to push them as far as they can go, even if they decide later on in life that it's not something they want to pursue," Laila's mom said. "I feel like it gives them confidence and the drive to know that if they dream it, they can make it happen."