Founder : French, 37 years old, EDHEC BBA (Finance & Marketing), experience in product management, tech, and entrepreneurship (WEBDOM.FR, Lyfar Studio). Trilingual FR/EN/RU.
Project : Establishing an EIRL as an electrician specializing in IRVE (EV charging stations) and high-end home automation on the Côte d’Azur.
Market : 22% EV adoption in Alpes-Maritimes, 15,000 luxury villas, strong smart home demand (+22%/yr).
Investment : €38,500 (personal contribution €20K + honor loan €10K + microcredit €8.5K)
Item Amount Utility vehicle (used) €15,000 Tools and measuring equipment €8,000 Initial inventory (cables, panels, fixtures) €5,000 Year 1 insurance (décennale + professional liability) €3,500 Setup costs (CMA, accountant, legal) €2,000 Working capital / cash reserve €5,000 Total requirements €38,500
Source Amount Notes Personal contribution €20,000 Savings Honor loan (Initiative France / Réseau Entreprendre) €10,000 0% interest, no collateral ADIE microcredit €8,500 ~8%, mentoring included Total sources €38,500
ACRE : social contribution exemption for 12 months (~€3,000 savings)ARCE : if ARE entitlements are acquired, 45% paid as capitalNACRE : free mentoring for 3 yearsBPI France : 70% guarantee on bank loan if traditional loan is pursued Item Amount REVENUE €120,000 ↳ Electrical installations €45,000 ↳ IRVE (EV chargers) €45,000 ↳ Home automation €30,000 EXPENSES Materials and supplies (30%) -€36,000 Subcontracting -€5,000 Fuel and vehicle maintenance -€4,800 Insurance (décennale + professional liability + vehicle) -€4,500 Phone, internet, software -€1,800 Accountant -€3,000 Marketing (website, Google Ads, cards) -€3,000 Continuing education (IRVE renewal, KNX) -€2,000 Depreciation -€5,000 Finance charges -€1,000 Social contributions (after ACRE) -€8,000 CFE + taxes -€1,500 Total expenses -€75,600 Pre-tax profit €44,400 Income tax (progressive scale, 3-share household quotient) -€4,200 Net profit €40,200
Item Year 2 Revenue €180,000 ↳ IRVE €60,000 ↳ Home automation €70,000 ↳ General electrical €50,000 Total expenses -€115,000 Social contributions (full rate) -€22,000 Pre-tax profit €65,000 Net profit €56,000
Item Year 3 Revenue €250,000 ↳ IRVE €70,000 ↳ Home automation €100,000 ↳ Electrical + maintenance €80,000 Total expenses (incl. employee salary) -€165,000 Pre-tax profit €85,000 Net profit €72,000
Q1 Q2 Q3 Q4 Cash in €15,000 €30,000 €35,000 €40,000 Sales €15,000 €30,000 €35,000 €40,000 Cash out €25,000 €17,000 €18,000 €19,000 Material purchases €8,000 €9,000 €9,500 €9,500 External charges €5,000 €3,000 €3,000 €3,000 Social contributions €0 €2,000 €2,500 €3,500 Loan repayment €750 €750 €750 €750 Other charges €11,250 €2,250 €2,250 €2,250 Quarterly balance -€10,000 +€13,000 +€17,000 +€21,000 Cumulative balance -€10,000 +€3,000 +€20,000 +€41,000
Average inventory (15 days of revenue) €5,000
+ Accounts receivable (30 days) €10,000
- Accounts payable (30 days) -€3,000
The WCR is moderate because:
Individual clients often pay on delivery or within 15 days
Low inventory (order on demand, no overstocking)
Supplier accounts (Rexel, Sonepar) offer 30-day terms
Annual fixed costs: €47,000
- Min. contributions: €8,000
Contribution margin ratio: 65%
Break-even = €47,000 / 0.65 = €72,308 / year
i.e. ~24 basic installations / year
i.e. 2 installations / month
Criterion Auto-Entrepreneur EIRL Revenue cap €188,700 Unlimited Expense deductions ❌ No ✅ Yes VAT recovery ❌ No ✅ Yes Asset protection ❌ No ✅ Yes Décennale insurance Complex Standard B2B credibility Low High
With projected revenue of €120K+ and significant investments (vehicle, equipment), the EIRL allows deduction of actual expenses and VAT recovery on purchases (~€7,000/yr savings on material purchases alone).
Years 1-2 : IR (income tax) — 3-share household quotient (couple + disabled child = additional half-share)Year 3+ : Evaluate switching to IS if profit exceeds €42,500
Source Amount/month Notes RSA for couple + 1 child €1,191 Non-taxable AEEH base + supplement (80%) €530 Non-taxable, not deducted from RSA APL (housing aid) €300-400 Depends on rent Minimum total €2,021-2,121
With shared housing/social housing at €800/month → ~€1,200/month left to live on during training.
Program Gross Cost Funding TP Électricien (AFPA, 8 months) €12,000-15,000 CPF + France Travail BR/BC certifications €1,200 CPF IRVE P1+P2 €1,200 CPF KNX Basic €1,500 Région PACA Total ~€16,000 ~€0 out of pocket