Business Succession Planning in Winston-Salem

Protecting Your Legacy, Preserving What You’ve Built

Every business owner eventually faces the question: What happens to my company when I’m ready to step back?

At Paul, Cox & Todd PLLC, we help you answer that question with confidence. Our business succession planning services guide owners through every stage of transition — whether selling your business, passing it to family, or preparing key employees to take the reins.

A thoughtful succession plan safeguards the value of your business, minimizes taxes, and ensures a smooth handover, protecting the legacy you’ve worked a lifetime to build.

Serving clients across Winston-Salem and the Piedmont Triad, our CPA advisors combine strategic foresight with financial and tax expertise to help you plan your exit on your terms.

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Our Succession Planning Services

Business Valuation Coordination

Before planning a transition, it’s critical to know what your business is worth. We work with valuation specialists to help you understand your company’s fair market value and how factors such as cash flow, customer concentration, and goodwill influence it. This clarity sets realistic expectations for sale or transfer.

Tax Implications & Structuring Analysis

Our CPAs analyze the tax impact of every succession option to help you minimize capital gains and estate taxes. From stock vs. asset sales to gifting strategies and installment sales, we forecast your tax outcomes and identify opportunities to preserve wealth while staying compliant with IRS and North Carolina regulations.

Financial Succession Roadmap

A successful transition doesn’t happen overnight. We create a detailed, step-by-step financial roadmap outlining your timeline, milestones, and responsibilities — ensuring a smooth and well-coordinated process for all parties involved.

Building Stronger Businesses Through

Trusted Financial Guidance

Simplified Financial Management, Reports, and Tax Expertise

Our comprehensive suite of services covers all your financial needs. From seamless Contractor Payments to real-time On-Demand Management Reports and hassle-free Year-End Tax Reports, we ensure your business stays on top of its financial game. With our expertise, you can confidently navigate the complexities of payments, reporting, and tax obligations, allowing you to focus on what you do best—growing and succeeding in your business endeavors.

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Holistic Coordination with Trusted Professionals

Effective succession planning requires collaboration across disciplines. We coordinate closely with your:

Attorneys, to align your plan with wills, trusts, and buy-sell agreements
Financial planners, to ensure post-exit retirement and income goals are met
Valuation experts, for accurate business appraisals
Insurance advisors, to integrate life or key-person coverage where needed

As your CPA partner, we oversee the financial and tax implications that tie everything together — providing the cohesive strategy your transition deserves.

A Partner You Can Rely On

We measure success by the confidence our clients feel when they have a clear picture of their finances. Whether you need a single service or a full accounting package, our Winston-Salem CPAs offer the expertise and reliability that help businesses grow and individuals plan with peace of mind.