CARD-MRI Development Institute Inc.

,
Bay, Laguna

Basic Bookkeeping for Start Up

Business Owners

SUBMITTED BY GROUP 1 MEMBERS:

Aguel, Sam
Amado, Rizza
Banaag, Kimberly
Barba, Ryneth Claire
Cacal, Sheryl
Ochavillo, Mariah Angela
Pagalan, Princess Ardilyn
Veterana, Gilaine
Sison, Hannah Camila
Montañez, Pincky

SUBMITTED TO:
Ms. Jennilyn Dela Cruz
 Chapter 1: The Project Proposal Outline

I. Project Title
The title of this project is Basic Bookkeeping for Start Up Business Owners.

II. Project Nature

The nature of this project is Educational Training (Literacy), in which the students will
share knowledge about the importance of basic bookkeeping for start-up business
owners.

III. Project Duration

The project is expected to take one (1) month, from the 6 th of July to 4th of August,
which includes planning, preparation, and implementation of the project until
completion.

IV. Project Location

The students choose to use virtual learning environment as a platform for this
project, to help start-up business owners and people who are planning to start a small
business.

V. Beneficiaries
The beneficiaries of this project are those people who are planning to start a small
enterprise and those who already have a small business. Also, the students that are
going to participate in this program and the future students that can use this as
reference for their project proposal.

VI. Initiating Section

The initiating section of this project is 2nd year BSA Block 1.

VII. Contact Person

The contact person is Sison, Hannah Camila.
VIII. Project Cost Counterpart
This project will not allocate any monetary counterpart during this project’s
implementation.

IX. Community Project Counterpart

Aside from the participants, the initiators will not borrow any material in the
community, as the program will take place via online platform.

X. Total Project Cost

The amount needed for this project to take place is zero (0), as we will not buy
anything for the implementation since it will be via online platform.
 Chapter II. Project Description

In this project, the students will share their knowledge on how to start up a
business and knowing the importance of using Basic bookkeeping for starting a
business. This project will build a module for anyone who wish to start a business and
learn fundamental bookkeeping abilities. The BSA 2 B1 students will be incharge to
discuss to startup business owners about how to make basic bookkeeping. The initiative
aims at promoting the relevance of fundamental bookkeeping skills for people who wish
to establish businesses as part of their overall growth. We believe that everyone,
particularly entrepreneurs, should know what they can do to manage their firm.
The benefits of this project for everyone and to those who want to start a small or
large business and also helps the students and future students as a reference doing
such projects like this. And the other benefits are through recording of your business
you will see if it is profitable or not.

Chapter IV: Project Rationale

The Basic Bookkeeping for Start Up Business Owners was proposed for the
students so that they will share their knowledge about the importance of the basic
bookkeeping for start –up business owners. This project will help the CARD Clients,
Small business owners, and start-up business owners to record the regular basis of
their business financial transactions. By bookkeeping, the owner of the business will
easily track the transactions and all information on its book to make an operating,
investing, and financing decision. The developer of this project has come up with a
solution for those people who are planning to start up a small business or enterprise
and those who already have a small business. Bookkeeping are individuals who
manage all their financial information or data of the small business. Without
bookkeepers, small business would not be aware of their current financial positions, as
well as the transactions that occur within the business.
 Chapter V: Beneficiaries
1. Start – up business owners – It is difficult to manage the business especially
when it is about to start but bookkeeping can help easier to identify the money-
making opportunities of a business and it also help you to make smart business
decisions that can guide you to grow for the future.

2. Small business owners – small business owners can track the all information
and activities of their business. They can find ways to increase income or
decrease spending, also the availability of accounting information can help them
to achieve its objectives.

3. Clients – Good bookkeeping records also are beneficial when you're applying
for a business loan. By keeping good and accurate records, you make it easier
for lenders to make decisions about your business.
4. Students- Other students will get an idea what is bookkeeping and apply it in
the near future when they decided to start their own firm or business.
 Chapter VI: Project Objectives

The objectives of the projects are:

• to maintain true and complete records of all financial transactions in an orderly manner
of the project.
• to provide information of the project to the management.
• to ensure that all the transactions are recorded in accordance to the book of accounts.
• to ensure that the project is still in the right track of the plan and not in insolvency.
 Chapter VII: Project Activities and Time Table

Date Time Activity Persons Involved

August 4, 2021 8:00 am-8:15 am Prayer Ms. Jesame Aguel
8:15 am-10:00 am Webinar: ●CARD Clients
Bookkeeping for ●Small business
start-up business Owners
owners. ●Startup business
Owners
 Students

CHAPTER VIII: PROJECT MANAGEMENT

This project will be implemented on  virtual learning program in which will
be conducted through webinar via online platform. This would possibly be
happened with a fully support of our team. This project involves the participation
of a student’s specifically our team. This project would not be successful without
our team speaker, Ms. Sheryl Cacal, our team facilitators’. Hannah Sison, together
with the help of our fully supported team members: Ms. Sam Aguel, Ms. Rizza
Amado ,Ms. Kimberly Banaag, Ms. Ryneth Claire Barba, Ms. Mariah Angela
Ochavillo, Ms. Princess Pagalan, Ms. Pincky Montañez, Ms. Gilaine Veterana.

Purpose: To create a module to help Start-Up Business Owners to know about Basic
Bookkeeping.
Prepared By: Group 1

PROJECT FINANCIAL REQUIREMENTS

Description Quantity Price Total
Telecommunication 2 USD 2 USD 4
Expenses
Utilities Expenses 2 USD 2 USD 4
Total USD 8

Notes:
 These estimated expenses are expected for generating a module for the project
proposal. Each member is bound to have expenses for telecommunication and
utilities for the internet and electricity.

 Basic bookkeeping will require a total budget of 8 USD to implement the whole
project proposal efficiently. The source of the budget will come from the equal and
fair collection of the proponents.