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Beth

Palm

MBA

Social Entrepreneur

Hi, I'm Beth! 

I've worked in the nonprofit sector in Minnesota for the last 20 years, 12+ of those years in social enterprises. Starting at Goodwill/Easter Seals Minnesota in 2006, I became obsessed with the idea of using business to solve social issues. While getting my MBA, I wrote feasibility studies and business plans for new earned income ideas and launched the Social Enterprise Alliance - Twin Cities chapter with a team of amazing colleagues. 

I led a social enterprise called CityKid Java for 3 years as Director of Operations/General Manager and in 2015, founded a new social enterprise, BAM Essentials.

I've worked as a consultant with clients to create strategic plans, presentation documents, full business plans and feasibility studies.  

I've also done some other awesome stuff, speaking and trainings:

i've been there

I've worked in every business life cycle of a social enterprise - from idea to launch to grow to closure. 

 

I get results

Removed unprofitable customer and product lines.  16% COGS reduction with major vendor. Decreased expenses by 26% and increased profitability by 62%.

Secured $175K LOC for operational capacity and new product launches. Paid down $60K of debt.

Improved accuracy of sales forecasting. Created production and inventory schedule tools. Thoroughly vetted customers and vendors before onboarding. Managed cash flow weekly. 

Created youth training and employment program to teach young people sales and marketing skills.

Awards

young entrepreneur award minnesota business magazine
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REDF Accelerator

Awarded Community Impact Award - Social Entrepreneurship from Minnesota Business Magazine, on behalf of Urban Ventures and CityKid Java

Recognized as one of American Express's 50 Under 40 and one of Minnesota Business Magazine's Young Entrepreneurs

Recognized in REDF's inaugural Accelerator cohort (2016)