Before you turn your French renovation into a business - the taxes, the costs and the exit strategy, with Lisa Clapisson

Thinking about buying a property in France and turning it into a business, such as a chambre d'hôtes, gîte complex, wedding venue or retreat centre?

In this episode, we hear from Lisa Clapisson, a former French accountant turned business consultant who's spent years helping people navigate the reality of starting a business in France

For a detailed summary of the episode, along with a mini glossary of terms used in the show, head to the French Reno Diaries website and look for episode #19.

What we talk about:

• The biggest mistake people make when buying property in France for business
• Why running a gîte business isn't as easy as it used to be
• Why running a business as a 'micro entreprise' is often a very bad idea
• Why running a property-based business in France works better as secondary income
• The retreat business model and why renting a venue might be wiser
• The Capital gains tax implications of running a business from your main residence
• The importance of planning an exit strategy for your business
• Renovation tax deductions in France - and why artisan invoices are essential
• SCI, SARL, holding companies - choosing the right status for your business
• The most common myth about running a business in France

🎁 Exclusive special offer for French Reno Diaries listeners:

Haute Gamme Fenêtre is offering a 7% discount to the first customers who order made-to-measure replacement windows and/or doors through either S.R. Charpenterie (Sue's company, based in the Gers) or Maison Bretagne (Rosie's company, in Brittany). Quote FRENCHRENO7 when you get in touch.

Resources mentioned:

• Lisa Clapisson - contact Lisa via her website www.abcaccounting.fr, and get free advice from Lisa on her YouTube channel and Facebook page
• Chic et Unique Events - Sue and her business partner, Louisa's wedding planning business, which includes wedding venue business consultancy services. Contact them via the Chic et Unique website, Instagram or Facebook.

Connect:

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