We talk a lot about making money in CEO. Pam Mansfield, CPA taught us how to KEEP it. 💰
Huge thank you to Pam Mansfield, CPA in Kerkhoven for hosting our West Central MN CEO students this week!
Our key takeaways:
1. Know the Tax Code = Know Your Business
Pam broke down why understanding taxes isn’t just for April. It’s how you price your product, pay yourself, and plan for growth.
2. Track EVERYTHING
Revenue is exciting. Expenses are real. If you’re not tracking both from day one, you’re guessing — not running a business.
3. Taking Over vs. Starting Up
Pam shared what it really looks like to take over an established business — earning trust, keeping what works, and bringing your own vision.
4. Community = Capital
A business that shows up for its community builds a community that shows up for it. Pam is proof.
This is what real entrepreneurship looks like in small-town Minnesota.
Thank you, Pam, for investing your time, wisdom, and support into the next generation of entrepreneurs!
#WestCentralMNCEO #KerkhovenMN #EntrepreneurshipEducation #SmallTownBusiness #CPALife KnowYourNumbers FutureEntrepreneurs CEO2027 CommunityFirst MinnesotaBusiness
14Oct

