Step 1: Analyze the right triangle.
In this problem, we can form a right-angled triangle where the tower's height (AC) is the opposite side to the angle of elevation, and the distance from point B to the foot of the tower (AB) is the adjacent side. The angle of elevation is given as $60^\circ$.
Step 2: Apply trigonometric ratios.
We will use the tangent of the angle of elevation:
\[
\tan(\theta) = \frac{\text{opposite}}{\text{adjacent}} = \frac{\text{AC}}{\text{AB}}
\]
Given that $\theta = 60^\circ$ and AC = 20m, we substitute the values into the equation:
\[
\tan(60^\circ) = \frac{20}{\text{AB}}
\]
Step 3: Solve for AB.
Since $\tan(60^\circ) = \sqrt{3}$, we have:
\[
\sqrt{3} = \frac{20}{\text{AB}}
\]
Solving for AB:
\[
\text{AB} = \frac{20}{\sqrt{3}} = \frac{20\sqrt{3}}{3}
\]
Step 4: Conclusion.
Thus, the distance from point B to the foot of the tower is:
\[
\text{AB} = \frac{20\sqrt{3}}{3} \approx 11.55 \text{ m}
\]