LBMC has in-depth experience and expertise in an array of industries but we specialize in privately held companies, private equity groups and their portfolio companies and healthcare as well as high-net-worth individuals.
Our specialized industry focus teams are actively involved on boards and committees within their industry. As proven leaders within these industries, we work as trusted advisors helping clients solve problems, uncover opportunities and deliver business solutions that add value.
Below is a high-level list of the industries we serve. If you don’t see your industry, we can still serve you. Contact us for more information.
Supporting the largest consumer of products and services in the world is a serious undertaking, and one we execute with aplomb thanks to the vast resources of the LBMC Family of Companies.
The government sector faces unique challenges to ensure transparency while managing large, diverse volumes of content and balancing customer satisfaction. Unlike private and public business organizations, the government sector is challenged by increasing turbulence and shrinking budgets. We know trying to manage all this at once can be time-consuming, costly and overwhelming. With an outstanding reputation in the CMS world, LBMC serves our federal and state clientele with unparalleled expertise in maintaining compliance with security frameworks.
High-Net Worth Individuals
Every financial decision you make is connected. From tax planning and personal money management, to estate planning, each piece works together to create your unique portfolio. That’s why we believe in taking a coordinated, holistic approach to wealth management and individual finances. By offering all the services you need under one roof, LBMC helps you be better prepared to face life’s transitions as they come.
And because your portfolio is unique, our services are completely catered to what you need, when you need it. Our team of wealth advisors has the experience and dedication to simplify your household finances. As your financial situation evolves, we’ll be here with solutions designed to fortify the financial health and stability of your family.
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.
Not-for-Profit and Churches
- 20+ Industry-focused professionals
- 275+ satisfied not-for-profit clients
- $20M – $2B Revenue range of LBMC’s not-for-profit clients
Our comprehensive business support and depth of experience from working with a wide array of not-for-profit organizations, combined with our financial expertise, tailored services from the LBMC Family of Companies and years of experience gained, we keep your organization running strong, so you can focus on your goals.
In addition, our not-for profit professionals participate in ongoing training and best practice groups to stay current in the not-for-profit arena. Your team is well versed in accounting, financial reporting and business operations for such entities, and the diversity of our not-for-profit clients provides a unique perspective of a variety of organizational and accounting issues for which we have assisted in developing solutions for our clients.
Protecting Your Church’s Resources Guide
Church crime is on the rise and is expected to reach $80 billion by 2025. How do you avoid falling victim to theft? Don’t let trust displace good sense. Run your church finances like you would a business. Financial controls and review are the #1 best practice to reduce the opportunity for theft.
This e-book will help you protect your church resources by explaining how to identify fraud and what some of the schemes look like, and illustrate how to reduce the risk of fraud using internal controls, financial accountability, external audits and assurance.
For more information or a no-obligation conversation, reach out to Steve Thomason.
Privately-Owned and Family-Owned Companies
Since the beginning of our firm in 1984, our foundation has been working with privately-owned businesses and their owners. LBMC’s Privately-Owned Companies team is comprised of experienced, senior-level professionals with a reputation for delivering practical and solution driven advice to our clients. We currently serve nearly 1,500 companies from start-up through growth to succession.
When family members are intertwined in business, it can be the best of both worlds, or it can lead to difficult conversations. LBMC’s experience working with family-owned businesses has allowed us to develop a unique and integrated process that combines financial analysis, valuation, transition, tax planning, compensation planning and estate and gifting strategies to help company leadership reach goals for the businesses–as well as family.
Professional Services Companies
LBMC’s holistic approach to solutions for professional service organizations connects your delivery needs with financial objectives, resulting in smoother cash flows, higher productivity and project performance, and a better bottom line.
Your automated systems should operate seamlessly to integrate with your financial applications in order to assess the performance and impact of your projects. And if you’re using manual or paper-based methods to track billable and non-billable time, this is a greater challenge. You need complete, up-to-date, accessible operational information and real-time visibility into your business’ performance. Let us help you make that a reality.
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 and Hospitality
Running a retail store, restaurant/franchise or hospitality company is hard work. 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. LBMC helps take the stress out by offering tailored solutions.
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.
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.