Scott Lacy | VectorFi CFO @scott_vectorfi

Fractional CFO, SMB Plumbing Company Partner, Building companies that improve life for owners, employees, and customers Fayetteville, AR Joined April 2011

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SMB Attorney @SMB_Attorney

4 days ago

PSA: If you’re a husband or a father, go get life insurance TODAY.

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Scott Lacy | VectorFi CFO @scott_vectorfi

a week ago

Insight, Foresight, & Results to make the dreams you have for your family a reality- That’s what I offer as a small business CFO. Hiring a fractional CFO isn’t about outsourcing admin tasks. It’s bringing on a strategic partner with the business experience, technical skill,…

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Scott Lacy | VectorFi CFO @scott_vectorfi

a week ago

Here’s why I hate hourly pricing models: It penalizes the experienced experts who are most efficient.

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Scott Lacy | VectorFi CFO @scott_vectorfi

2 weeks ago

Best part of being a CFO? Seeing the relief and peace on my client’s faces after solving cash flow problems or finalizing a plan that makes achieving their goals likely rather than just a dream.

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Scott Lacy | VectorFi CFO @scott_vectorfi

4 weeks ago

New favorite nighttime routine: My wife hand embroiders and I read while we listen to some chill music with only a couple of reading lamps on. Brain and body feel 10x better than after watching TV.

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Scott Lacy | VectorFi CFO @scott_vectorfi

4 weeks ago

Management rule of thumb: Would you change the way you speak to an employee if their spouse was present? If yes, change, now. Stop being a power-tripping ass.

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Scott Lacy | VectorFi CFO @scott_vectorfi

a month ago

Russia-gate seems to be clouded in fog. Here’s 4 statements summarizing the main points give recent news; biggest takeaway first: 1. US intelligence agencies improperly interfered in domestic politics. 2. Russia tried to influence. Had no material effect. 3. Trump and…

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Matt Taibbi @mtaibbi

a month ago

A brief 🧵 on the new report released by @DNIGabbard today, which conclusively blows up core Russiagate myths: racket.news/p/in-brutal-do…

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Scott Lacy | VectorFi CFO @scott_vectorfi

a month ago

If you know someone in medschool trying to decide a specialty, tell them endocrinology. No appointments available in my area for 6 months and we have multiple facilities and providers.

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Scott Lacy | VectorFi CFO @scott_vectorfi

2 months ago

The KISS (Keep It Simple, Stupid) 5-Minute Monthly Cash Forecast +Start of month cash +Sales from Prior Year, Same Month -Debt payments - Payroll - Rent - Insurance - Purchase Orders = End of Month Cash For all of my clients, this gives us 80% accuracy and enough signal to…

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Scott Lacy | VectorFi CFO @scott_vectorfi

2 months ago

Small Business Life Myth: Passive Income Reality: "Finally found the old router. Had to climb between the drop ceiling and roof and through a few cobwebs. Call AT&T and tell them we'll mail it back today."

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Scott Lacy | VectorFi CFO @scott_vectorfi

2 months ago

It's amazing the information that AI chat agents like Grok, Perplexity, and Gemini can pull. Each has it's strengths. In an age where knowledge arbitrage creates huge value, those who don't learn how to use them are going to get left behind quickly in just the next 6-12 months.…

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Scott Lacy | VectorFi CFO @scott_vectorfi

3 months ago

I love Elon's question: "What have you done this week?" My answer as a Fractional CFO: 1. Increased sales by analyzing and recommending a new pricing strategy 2. Saved employees hours of work by implementing new expense reporting system 3. Saved on expenses by renegotiating…

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Scott Lacy | VectorFi CFO @scott_vectorfi

3 months ago

PSA to business owners: I know that new office/equipment/software looks nice, but before you sign on the dotted line, rename it "contractual, long-term fixed cost" and see if it still has the same appeal.

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Scott Lacy | VectorFi CFO @scott_vectorfi

3 months ago

My biggest job as CFO? Making sure there's no surprises. When the fundamentals get done - good accounting, good forecasting, good controls - visibility increases, surprises become rare, and everyone sleeps a lot better.

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Scott Lacy | VectorFi CFO @scott_vectorfi

3 months ago

Quickest ways to cut costs in a small business: 1. Software/Tech spending audit 2. Insurance coverage audit and shop How: Print your QBO P&L Detail Report