Advisory and Business Consulting
When it comes to helping our clients grow stronger businesses, advice isn’t an extra at LBMC; it’s a fundamental part of our service. Our Advisory and Business Consulting team collaborates with privately-held, middle-market companies and private equity groups to tackle complexity, drive growth, and empower confident decision-making.
If you’re looking to transform, manage change, or tackle today’s biggest challenges, we offer a straightforward, practical approach that combines strategic insight with extensive operational expertise. Our team provides customized, practical advice — supported by data, driven by technology, and rooted in years of experience.
We’re not just advisors; we’re your trusted partner in creating what comes next.
How We Help
LBMC’s business consulting services provide clarity, confidence, and demonstrable results. Businesses hire us not just because of our experience, but also because we can customize business consulting solutions that fit their goals and challenges. Whether navigating uncertainty or planning for growth, we provide the strategic partnership and execution support that makes a difference.
Companies benefit from our business consulting services because:
- Enhance performance and boost operational efficiency.
- We guide you through complex transactions, such as mergers, acquisitions, and restructuring.
- Boost your financial visibility and improve decision-making with advanced analytics.
- Enhance your cybersecurity measures and confidently manage risks.
- Align technology with your business goals to achieve smarter and more scalable operations.
- Streamline back-office functions to cut costs and enhance scalability.
- We can meet your talent and leadership needs by providing focused advisory support.
Questions About Our Services?
Whether you’re navigating change, planning for growth, or addressing operational challenges, our team helps you determine the right strategy for your business.
LBMC’s Advisory and Business Consulting Services
LBMC’s advisory and business consulting services include a wide range of specialist areas. We design each service to meet essential business needs, covering everything from strategy and operations to transactions and risk. Discover how our skilled teams assist clients in gaining clarity, simplifying processes, and achieving impactful results.
AI and Business Intelligence
Our AI and Business Intelligence team takes complex data and turns it into clear, actionable insights. We assist organizations in making better decisions by using advanced analytics, automation, and strong data governance frameworks. With extensive consulting experience across industries, we deliver strategic solutions that promote innovation, performance, and measurable business value.
Business Valuation
LBMC delivers precise and reliable business valuations that help you make informed decisions for various needs, whether it’s for financial reporting, mergers and acquisitions, estate planning, or compensation analysis. Our skilled team provides you with timely and trustworthy insights for:
- Valuations for mergers, acquisitions, and financial reporting, like ASC 805 and ASC 350.
- Planning for ESOP and stock-based compensation
- Valuations for estate and gift taxes
- Assessing fair market value in healthcare
- Support for litigation and strategic advice
Client Advisory and Accounting Services (CAAS)
Our CAAS team helps growing businesses by taking care of important back-office tasks, allowing leaders to concentrate on driving growth. We provide flexible and budget-friendly accounting and payroll solutions, plus expert consulting for financial systems. Clients receive:
- Accurate, real-time financial reporting
- Streamlined accounting and payroll processes
- Strategic advisory to improve financial visibility and decision-making
Cybersecurity
LBMC Cybersecurity provides you with practical and proactive protection that’s customized for your organization. Our team brings hands-on experience and technical know-how to the table. We offer IT assurance, threat detection, compliance support, and consulting services that boost your security while keeping your operations running smoothly. We’re here to help our clients:
- Protect your sensitive data
- Feel confident as you navigate compliance.
- Make their infrastructure more resilient.
Healthcare Consulting
Our healthcare consulting experts get the operational and financial pressures that providers are dealing with today. We work alongside healthcare organizations to boost stability, simplify processes, and prepare for sustainable growth. We offer a range of services:
- Revenue cycle optimization
- Strategic and financial advisory
- Operational assessments and planning
Litigation Support & Forensic Services
LBMC’s litigation support and forensic accounting team provides clear, trustworthy analysis when the stakes are high. We assist legal teams and business leaders in understanding financial issues, measuring damages, and facilitating dispute resolution. Here’s what we offer:
- Forensic accounting and fraud investigations
- Expert witness and litigation consulting
- Business interruption claims
- Economic damage and lost profit analyses
Transaction Advisory Services
Our Transaction Advisory Services (TAS) team helps clients navigate the complexities of mergers and acquisitions using a thorough, collaborative approach. We help both buyers and sellers, whether they’re corporate or private equity, by offering:
- Financial and tax due diligence
- IT, HR, and benefit plan assessments
- Post-transaction integration planning
- Strategic insights for long-term value creation
Solutions Built Around Your Goals
Whether you’re managing complexity, preparing for growth, or exploring new opportunities, LBMC delivers practical guidance and strategic support to help you move forward with confidence.
Industries We Serve
Our Advisory and Business Consulting team partners with organizations across industries to deliver tailored solutions that address specific challenges and strategic goals. Whether you’re navigating a complex transaction, improving operational efficiency, or planning for long-term growth, we provide the insight and flexibility to support your next move — with industry-specific experience and a practical, results-driven approach.
All Industries We Serve
Local Expertise, Wherever You Are
With offices in Chattanooga, Memphis, Louisville, Nashville, Knoxville and Charlotte, plus remote offices, LBMC partners with businesses across the region and beyond.
Why Choose LBMC as Your Advisory and Business Consulting Firm?
Choosing the right partner matters — especially when the stakes are high. LBMC combines deep functional expertise with a practical, relationship-driven approach that helps clients solve problems and seize opportunities with confidence.
Here’s what sets us apart:
- Multidisciplinary Expertise
Our teams bring together professionals across strategy, finance, operations, technology, and risk — ensuring integrated solutions that align with your full business picture. - Regional Roots, National Reach
With offices across the Southeast and clients nationwide, we offer the responsiveness of a local firm with the resources and insights of a national consulting partner. - Long-Term Client Partnerships
We build relationships that last. Many of our clients have been with us for decades, trusting us through growth phases, ownership changes, and evolving market demands. - Proven Results Across Industries
From healthcare and manufacturing to private equity and tech, we’ve delivered measurable improvements in efficiency, valuation readiness, cybersecurity, and more. - Recognized for Excellence
LBMC is consistently ranked among the top 35 firms in the U.S. and named a Most Recommended Firm by USA TODAY and Statista — a testament to the trust we’ve earned from clients and peers alike.
Let us show you how practical, people-first consulting can drive lasting results for your business.
FAQs for Advisory and Business Consulting Services
What are business consulting services, and how can they help my company?
Business consulting services provide expert guidance to help organizations address challenges, improve operations, and achieve strategic goals. Whether you’re navigating a transaction, adapting to market shifts, or seeking better financial clarity, the right consulting support brings structure, insight, and forward momentum to your business decisions.
Why choose LBMC as my business consulting firm?
LBMC offers the rare combination of practical experience, deep industry knowledge, and a people-first approach. Our clients value how we listen first, tailor our strategies, and deliver actionable results—without unnecessary complexity or one-size-fits-all advice.
What types of business consulting solutions does LBMC offer?
We offer a broad range of consulting solutions, including performance improvement, transaction support, business valuation, risk management, cybersecurity, and digital strategy. Each engagement is customized to support your organization’s specific stage, structure, and strategy.
What industries benefit most from business consulting services?
While our consulting services apply across many sectors, we have deep experience in healthcare, manufacturing and distribution, technology, real estate, and private equity. Our industry insight ensures that recommendations are relevant, scalable, and results-oriented.
How can I get started with LBMC’s advisory team?
Getting started is simple. Reach out to schedule a consultation with our team. We’ll take time to understand your needs and map out how we can support your goals—whether through a focused project or a longer-term advisory relationship.
LBMC Advisory Leadership Committee
LBMC Advisory
Christopher M. Lovin
Shareholder, Practice Leader Valuation and Litigation Support Services
Contact Us
Headquarters (Nashville, TN):
201 Franklin Road
Brentwood, TN 37027
615-377-4600
Office Hours: 8am-5pm, Monday-Friday
Mailing Address:
P.O. Box 1869
Brentwood, TN 37024-1869
Chattanooga, TN:
605 Chestnut Street, Suite 1100
Chattanooga, TN 37450
423-468-5042
Knoxville, TN:
2095 Lakeside Centre Way
Knoxville, TN 37922
865-691-9000
Memphis, TN:
5100 Poplar Avenue, Suite 1400
Memphis, TN 38137-1499
901-685-1040
Louisville, KY:
325 West Main Street, Suite 1600
Louisville, KY 40202
502-585-1600
Charlotte, NC:
3700 Arco Corporate Drive, Suite 175
Charlotte, NC 28273
704-846-6750
We’re happy to answer any questions you may have on what our team can do for you. Please send us a note using the form and one of our professionals will get back to you promptly.