90 articles in this category
The cash flow statement breaks every cash movement into three categories: operating, investing and financing. How to read it, calculate free cash flow and decide.
Compare fixed annual budget and rolling forecast (rolling 12-18 month plan updated quarterly). When to switch? Reactivity, workload, reliability, and a decision grid for your SME or startup.
Why shift your year-end (seasonality, group, cash flow), the procedure (meeting, bylaws, single window, legal notice) and the 2026 tax and filing impacts of the transition year.
A realistic budgeting process for SMEs: calendar, assumptions, line-by-line build and variance tracking. A complete method to turn the annual budget into a genuine management tool in 2026.
Calculate your break-even point and break-even date, interpret them and find the levers to lower them: step-by-step method, formulas, worked examples and sensitivity analysis to manage your SME in 2026.
The three cash conversion cycle ratios explained: DSO (days sales outstanding), DPO (days payable outstanding), DIO (days inventory outstanding), their formulas and 7 concrete actions to accelerate cash and optimise working capital.
Gross margin, markup rate, profit margin on price, contribution margin, break-even point: a complete guide to telling each metric apart, understanding its uses, and avoiding the pitfalls. Managing by the right margins changes the profitability trajectory of any business.
Not without risks. In a company, mixing personal and business funds exposes you to misuse of corporate assets, a prohibited debtor shareholder current account, and deemed distributions. In a sole proprietorship, it is tolerated but not deductible. Here are the proper mechanisms.
Three frequently confused notions. Turnover measures sales, profit what remains after costs, and cash flow the money actually available. Here's why you can be profitable yet short of cash.
Diagnosing business losses: secure cash flow first, analyse margins and fixed costs, then pinpoint action levers. And know when to activate insolvency prevention tools.
Sole trader, SASU or EURL: we work backwards from a €2,000 net target to the revenue you actually need, with verified 2026 contribution rates and a worked example for each status.
Why and how to departmentalise accounting in a car dealership or garage — new vehicles, used vehicles, workshop, parts, bodywork — with key indicators, internal recharges, and reading real profitability versus the overall result.
Average hourly rate, billing rate, collection rate, DSO, revenue per partner, cost ratios, CNBF social contributions: the indicators a Paris law firm must monitor monthly in 2026, by Cabinet Hayot Expertise.
Net fees, AMO/AMC ratio, third-party-payer DSO, CARMF + URSSAF PAM charges, Madelin retirement cap: the indicators a Paris-based liberal physician must monitor monthly in 2026, by Cabinet Hayot Expertise.
Mandat ad hoc and conciliation are France's two confidential amicable procedures under the Code de commerce. They allow directors to negotiate with banks, tax authorities, and suppliers before the situation becomes irreversible. This guide explains the criteria for choosing between them, the key steps, and the role of the accountant or outsourced CFO in preparing the file.
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