Expertise Across Industries
You Have the Passion. We’ll Help You Turn It into a Successful Business.
A leading Tennessee, Kentucky, North Carolina and Indiana CPA firm with a national reach. With a proven track record across the public and private sectors, our team knows what success looks like. We work in an array of industries, including healthcare, construction and real estate, government, manufacturing and distribution, technology, and more.
At LBMC, we bring decades of industry leadership to every engagement, helping your business overcome obstacles, ignite innovation, and surpass your most ambitious goals.
Finding a firm that empowers you to accelerate growth involves cooperation and coordination. At LBMC, our ability to build long-term, meaningful relationships with our partners is what distinguishes us.
Expertise Across Industries
At LBMC, we prioritize building strong relationships with our clients and delivering value through our expertise in a variety of industries. Our particular focus is on privately held companies, private equity groups and their portfolio companies, healthcare, and high-net-worth individuals.
To ensure that we provide the highest level of service to our clients, our industry-focused teams actively participate in boards and committees within their respective fields. Through our leadership roles and industry connections, we establish ourselves as trusted advisors, working collaboratively with our clients to address challenges, seize opportunities, and develop solutions that add value.
Our team strives to gain knowledge everyday through networking with other industry providers, industry association involvement, and researching latest trends and best practices.
We serve a diverse range of industries; however, we are also equipped to serve clients in other industries. Please reach out to us for more information.
High-Net Worth Individuals
At LBMC, we know that managing wealth and finances can be a daunting task, especially for high-net-worth individuals. That’s why we take a personalized and relationship-focused approach to help you navigate this complex landscape.
Our team of wealth advisors understands that every individual’s financial situation is unique. That’s why we work closely with you to understand your specific goals, concerns, and priorities. We build relationships based on trust and open communication, so you feel comfortable discussing your financial matters with us.
With our comprehensive suite of services, we can help you with all aspects of your finances, including tax planning, personal money management, and estate planning. As your trusted advisors, we are here to provide guidance and support as you face life’s transitions.
Whether you need ongoing assistance or help with a specific financial challenge, we are dedicated to your financial health and stability. We believe that by working together, we can create a long-term relationship that will help you achieve your financial goals.
Not-for-Profit and Churches
We realize that not-for-profit organizations face unique challenges, especially when it comes to managing finances. That’s why we offer comprehensive business support to help ease the burden and keep your organization running strong.
Our team of over 20 experienced professionals has helped more than 275 not-for-profit clients, with revenue ranging from $20M – $2B. We know the ins and outs of the not-for-profit arena, and we’re here to provide the support you need to keep your organization running strong.
From accounting and financial reporting to business operations, our team has the expertise to tailor our services to meet your unique needs as a not-for-profit organization. We believe in ongoing education, so we stay up-to-date with the latest best practices and training groups to ensure that we offer the best solutions for our clients.
Our LBMC team is committed to building strong relationships with our clients. We know that your organization has its own set of goals and priorities, and we’re here to help you achieve them. So, let us take the load off your shoulders and provide the financial support you need to succeed.
If you’re interested in learning more about our Technology Solutions for nonprofits, we invite you to check them out.
Privately-Owned and Family-Owned Companies
The privately-owned business industry has been the foundation of our success since LBMC’s establishment in 1984. We’ve been dedicated to partnering with business owners to help them achieve their goals for nearly four decades. Our team of experienced professionals has a reputation for delivering practical and solution-driven advice that helps our clients succeed. We’re proud to have served nearly 1,500 companies from start-up through growth to succession, and we look forward to continuing to support businesses and their owners for many years to come.
For family-owned businesses, balancing family dynamics and business needs can be challenging. But with our experience working with family-owned companies, we’ve developed a unique and integrated process that covers all the bases. From financial analysis and valuation to transition planning, tax planning, compensation planning, and estate and gifting strategies, we’re here to help you reach your business goals while keeping family relationships strong.
At LBMC, we understand that each business and family has their own exclusive needs and requirements. We recognize the importance of catering to these unique needs and providing personalized solutions to meet them. That’s why we invest the time and effort to understand your particular requirements. We value building strong, long-lasting relationships with our clients, so you can rely on us to provide consistent support and guidance throughout your journey.
Professional Services Companies
As a professional service organization, we realize the many demands you face every day. Balancing delivery needs, financial objectives, and project management can be a challenge. That’s why we take a holistic approach to finding solutions that work for you.
Our team can help you streamline your automated systems, ensuring they integrate seamlessly with your financial applications. This makes it easier for you to assess project performance, productivity, and cash flows. And if you’re still using manual or paper-based methods to track billable and non-billable time, we can help with that too.
We believe that having complete and up-to-date operational information and real-time visibility into your business’ performance is crucial to making informed decisions. Whether you’re just starting out or looking to grow your business, we’re here to be your trusted partner every step of the way.
LBMC Technology Solutions can help you make that a reality.
Insurance is a competitive industry, with prospective customers selecting and staying with the company that can respond to their needs quickly and consistently. To compete successfully and operate more efficiently, insurance companies must be mobile, insightful, and able to respond quickly. To attract and retain capable agents, insurance companies must provide tools to make their job faster and more convenient. The insurance companies that are winning the market deploy technologies to make it easier and faster to work with and for them.
LBMC Technology Solutions provides a variety of IT tools to achieve the efficiency gains insurers and agents seek.
LBMC has more than 30 years of experience serving publicly traded companies. Crossing a wide range of industries and company sizes, our financial expertise puts the accent on profit to the delight of corporate execs and shareholders alike. Leveraging resources from the LBMC Family of Companies allows us to combine and customize services that speak specifically to your needs and especially to your bottom line.
Retail / Restaurants / Franchises / Hospitality / Brewery / Hemp
You got into this business because you’re passionate about your product and your customers. And while it’s important to manage the logistics of running your business, you should never let them come between you and your passion.
We believe that brewers should spend more time brewing, hemp producers should spend more time making hemp products, and restauranteurs should spend more time creating an experience that their customers won’t forget. Whatever your passion may be, you should have the freedom to spend your time and energy pursuing it, rather than worrying about the logistics of your operation.
Not only do you have to make your business a place people want to gather, your staff well trained and friendly, and your offerings fresh and delicious; you also need to make sure you are running a profitable business. That principle inspires us to bring a comprehensive range of accounting and financial advisory services to the table. We take care of your financials, so you can focus on growing your business and building relationships with your customers.
CEOs and Business Owners are tasked with the need to analyze their business’ performance quickly, respond to an ever-changing marketplace, and connect with customers. LBMC offers products and services that can relieve potential headaches. Our team of experts streamlines your business processes to increase your ROI and decrease your overall costs.
Of course, the financial side of your business is much more than ‘just’ filing taxes. As your partner, we go beyond the traditional role of a CPA to improve your operations across the board—maximizing your profitability, reducing risk and strategizing for the future. By providing benchmarks and analyzing financial data, we can identify the core strengths and weaknesses of your business, so you can feel confident as you make calculated, well-informed decisions.
Many businesses in emerging markets don’t have the resources for an expensive in-house financial department. In that case, we can provide any support you need through our Outsourced CFO services.
Beyond financial expertise, our team is ingrained in the industries we serve. We know your market; we know the best practices; and, as your business grows, we can help you make key connections along the way.
Our services for Retail / Restaurants / Franchises / Hospitality / Brewery / Hemp
- Outsourced CFO Services
- Business Planning
- Outsourced Accounting
- Capital Asset Management
- Property Tax Services
- Startup Planning
- Business Variations
- POS Implementation & Integration
- Data Analytics
- Innovative Tax Solutions
- Cashflow Analysis
- Mergers & Acquisitions
- Sales Tax Services
- Budget Development & Analysis
- IT Advisory & Implementation
- Benefit Planning
Client Story: Andrews Transportation Group
My name is Nelson Andrews. I’m the president of the Andrews Transportation Group, which consists of Andrews Cadillac, Jaguar Nashville, and Land Rover Nashville. We are an auto dealership that has sales service, parts and body for all three brands.
Andrews Transportation Group uses LBMC for all our external accounting. So, whether it’s planning, tax, audit, or year-end, LBMC is our one stop shop for all those services. We partnered with LBMC probably 25 years ago when we attended some conferences that LBMC was holding about automotive accounting. We have always had a very good experience working with LBMC at Andrews Transportation Group and now LBMC also handles the personal accounting for our family.
Sports and Entertainment
Win at the business of sports and entertainment by understanding your customers, personalizing your message, streamlining vendor interaction, and managing your sales. For the consumer, sports and entertainment may be “just for fun,” but as the decision maker in these industries, you know they are all business. The Sports and Entertainment industries recognize the importance of Customer Relationship Management, big data, the need for systems integration, and the importance of automation. Our LBMC team can guide you through the maze of solutions to help you determine the best path for you.
Today’s economic environment demands that utility companies have proactive and creative strategies for maximizing revenue collections and minimizing debt. LBMC has vast experience with audit, tax, human resources, security as well as technologies such as cloud computing, big data analytics, customer relationship management and mobility. Working with LBMC enables your utility business to keep up in this newly changed world.