Samuel HAYOT
Chartered Accountant
A profitable French SME is usually worth 4 to 7 times its adjusted EBITDA, less net debt. The three-step method to estimate your business, with sector multiples and a fully worked example.
The Le Meur law has cut the micro-BIC allowances and ceilings for furnished tourist rentals. In 2026: 30 percent and 15,000 euros for an unclassified property, 50 percent and 77,700 euros for a classified one. We cover the regime, micro versus real, resale and VAT.
T2A, GHS, PMSI: how a private clinic's revenue is built, from coded stay to cash collected, and how to secure activity reconciliation, billing rejections and cost-per-stay analytics.
Three payers, three tariff sections, a budget called an EPRD: an EHPAD's accounting is like no other. A manager's guide to the EPRD/ERRD/CPOM framework, the GMP and PMP indicators and the traps to avoid.
At the MIN de Rungis, a produce wholesaler's margin is shaped by waste, discounts, the 5.5% VAT rate and cash. How to read true profitability and manage the business week by week.
SEL, third-party payment, COFRAC accreditation, VAT exemption: why a medical biology laboratory's accounting is steered on margin, cash and compliance, and which ratios to track.
A real estate developer's accounting is kept by project, not by financial year: inventory and work in progress, result recognised over time or at completion, cash tracked project by project in off-plan (VEFA) sales.
What 2026 changes for online sellers: the VAT framework (platforms liable for VAT, OSS, IOSS, the 10,000 euro threshold), a flat charge on small imported parcels, the move to electronic invoicing and the ViDA horizon. The full picture so nothing slips through.
The AI Act regulates AI across the Union. Prohibited risk, high risk, transparency: what French businesses must organise in 2026, with the timeline and penalties.
Financial OKRs bring the objectives and key results method to SME steering: one financial objective per quarter, 3 to 5 quantified key results, a review cadence. A how-to guide to align ambition with indicators without confusing OKRs and KPIs.
95 % tax integration, parent-subsidiary regime at 1.25 % effective tax, cash pooling and LBO: how to turn several stores into a real retail group.
IR-PME reduction, reinforced rates of 30 % to 50 % for young innovative companies, a new impact-innovation status: what France's Finance Law 2026 changes for anyone investing in or structuring a startup.
Photographer in 2026: the line between author rights at 10%, art photography at 5.5% and commissioned work at 20%, the choice between BNC and BIC, the artist-author scheme and the VAT exemption thresholds.
Video game studio in 2026: how the video game tax credit (CIJV) works at 30%, the 6 million EUR cap, the CNC approval, eligible expenses and managing a gaming studio's cash flow.
Accounting for a bakery in 2026: how to split VAT between 5.5%, 10% and 20%, track margins by product family and handle unsold goods, step by step.
App Store, Play Store, in-app purchases, advertising: how to report your income, handle VAT under reverse charge with the platforms, and choose between micro and company.
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