Taking Over the Family Business with Pamela Kan, President of Bishop-Wisecarver Corporation

Taking Over the Family Business with Pamela Kan, President of Bishop-Wisecarver Corporation

Family Business with Pamela Kan, President of Bishop-Wisecarver Corporation

See Pamela’s recent interview with Alan Olsen on Youtube: https://youtu.be/-KvsbCcfmaM

Pamela Kan has been the President of Bishop-Wisecarver Corporation since 1999. She is a highly respected leader in the manufacturing and engineering industry, and has been instrumental in growing the company into the successful business it is today.

Kan holds a Bachelor of Science degree in mechanical engineering from the University of California, Berkeley and a Master of Science degree in mechanical engineering from Stanford University.

History of Bishop-Wisecarver Corporation

Bishop-Wisecarver works with manufacturers to engineer, produce, and build custom complex assemblies, linear motion solutions and optimal embedded intelligence systems. Through the integration of our mechanical, electronic, software, control and systems design engineering expertise – mechatronics – 65+ years of experience, and 20,000+ unique clients later, we continue to provide a single point of service that results in custom designs, increased efficiencies, and accelerated time to market.

Bishop-Wisecarver Corporation is a US-based, certified women owned, manufacturing and engineering company specializing in linear and rotary motion for automation solutions that excel in extreme, harsh and hygienic environments. With over 70 years of ingenuity, the company has become a trusted and respected leader in the industry.

Family business transitioning a to the next generation

When Pamela Kan took over leadership of the company in 1999, she transitioned Bishop-Wisecarver from a family business to a professionalized organization. Her vision for the company was to provide custom solutions and innovative products that would help clients reduce cost and increase efficiency.

Kan has led the company through numerous changes in technology and processes, including the introduction of new materials, advanced machinery and digital solutions. She has also focused on developing a workforce that is highly skilled in their respective fields.

Challenges of Running a Family Business

There are a number of challenges that come with running a family business, according to Pamela Kan. One of the biggest challenges is transitioning the company from a family-owned operation to a professionalized organization. This involves making changes in how the company is run and how it is perceived by both clients and employees.

Another challenge is maintaining harmony within the family while also running the business. This can be difficult when there are disagreements over business decisions. Finally, it can be difficult to separate work and personal life when both are taking place within the same organization.

Supporting Women Business Owners

Kan’s commitment as an active advocate for women in leadership roles is about empowering others to reach their full potential and is actively engaged in multiple organizations focused on empowering women leaders in the manufacturing industry and in small businesses.

She is a frequent speaker on the topic of women in manufacturing and has been featured in Forbes, Huffington Post, Business Insider, and Industry Week.

Women President’s Organization

Kan has received numerous awards including the 2018 Women’s Business Enterprise STAR for WBENC, the 2016 Enterprising Women of the Year Award and the 2016 Mary Lehman MacLachlan Economic Empowerment Award from the WPO (Women President’s Organization). She is also member of the Society of Women Engineers, and has served on the boards of several organizations dedicated to supporting women in business. In addition, she is a founding member of the Women Business Owners Alliance, which is dedicated to providing resources and networking opportunities for women-owned businesses.

To view more content like this, click here to subscribe to our YouTube channel

And click here to receive our FREE Newsletter.

Sponsored by:

Thank You!

Posted in
tax telecommuting

Tax Telecommuting

Tax Telecommuting If you’re thinking about setting up employees as telecommuters, you’re not alone. Businesses ranging from large multi-nationals to small shops know that telecommuting not only can improve worker morale and performance, it can also save you and your employees money. What’s not to like about zero commuting costs and no office rent? You…

Tax S-corporation

Saving Taxes with an S Corporation An S corporation election allows the shareholders to preserve the benefit of limited liability for the corporate form while at the same time being treated as partners for federal income tax purposes. Ever wondered why so many small businesses operate as an S corporation? Simple. An S corporation saves…

Sec1045 Partnership

Sec1045 Partnerships

Sec1045 Partnerships This document contains final regulations relating to the application of section 1045 of the Internal Revenue Code (Code) to partnerships and their partners. These regulations provide rules regarding the deferral of gain on a partnership’s sale of qualified small business stock (QSB stock) and a partner’s sale of QSB stock distributed by a…

Sec179 Businessequipment

Updated: 11/12/10 Most new business equipment can be either depreciated over its useful life or expensed immediately under Internal Revenue Code Section 179. The maximum deduction is based on the following schedule for the date in which the tax year begins. Each 1040, whether Single or Joint, is limited to one maximum. 179 expenses passed…