Who do you work with?
We specialize in contractors, specialty trades, landscaping and home-service businesses. Fit depends on your business’s complexity and the support you need, not only on revenue.
Where are you located, and do you work outside Minnesota?
Our main Minnesota focus is the Albertville, Monticello, Rogers and Maple Grove area. In Wisconsin we focus on the Siren and Grantsburg area. We work with contractors across Minnesota and Wisconsin, and we also work with businesses nationwide. Most meetings happen virtually.
What’s the difference between the three packages?
Financial Foundation keeps your books accurate and current. Profit & Cash Flow adds job-profitability reporting, a monthly cash outlook and a monthly review. Strategic CFO Partnership adds budgeting, forecasting, KPIs, decision analysis and two strategy meetings a month.
Is bookkeeping included?
Yes. Every package includes monthly bookkeeping and reconciliations. If you already have a bookkeeper and only want advisory support, ask about an advisory-only engagement. These are scoped and quoted individually.
How does job costing work, and what do you need from us?
Job reports compare revenue and direct costs on each job to show its gross margin. They depend on costs being coded to jobs consistently and on timely data from your team and field software. Initial job-costing setup and advanced construction reporting, such as WIP and retainage, are scoped separately.
How often will we meet?
Financial Foundation includes a quarterly financial review. Profit & Cash Flow includes a monthly financial review. Strategic CFO Partnership includes two strategy meetings per month. Custom engagements can include weekly leadership meetings, as agreed in the proposal.
Do you handle payroll, bill payment, invoicing and collections?
These are separate from the core packages and can be added to a custom monthly proposal. Pricing depends on workload and complexity.
My books are behind. Where do we start?
Cleanup reconciles prior periods and corrects historical records before monthly work begins. Onboarding connects your systems and sets up the monthly workflow. Both are quoted separately after we review your needs. For complicated cleanup, we may recommend a paid diagnostic first, with its fee and deliverables agreed in advance.
When are the books closed each month?
On a schedule we agree on in your proposal. Timing depends on receiving complete information, such as statements, receipts and job data.
What happens to pricing if our needs change?
Changes in scope are discussed and approved before any additional work. If your transaction volume, number of jobs or level of support changes, we’ll talk through an updated scope and price with you.
Do you prepare or file taxes?
No. AM Financial is not a CPA firm and doesn’t prepare or file tax returns or provide attest services. We keep your books ready for tax time and can coordinate with your CPA or tax preparer.
How do you handle our documents?
Clients share documents through our secure client portal or a shared Google Drive folder, and some routine items by email, depending on the document. Please don’t send bank account numbers, Social Security numbers or other sensitive details through the website form.
What happens after I submit a request?
You’ll see a confirmation on screen once your request is received. We’ll review your answers and follow up by your preferred contact method to arrange a time for your discovery call.