According to the invention, there is provided seed and plants of the corn variety designated W701BC. This inbred variety yields multiple ears, and is ideal for production of baby corn. The invention further relates to the plants, seeds and tissue cultures of the variety W701BC, and to methods for producing a corn plant produced by crossing a corn plant of variety W701BC with itself or with another corn plant, such as a plant of another variety. The invention also relates to corn seeds and plants produced by crossing plants of variety W701BC with plants of another variety, such as another inbred line. The invention further relates to the inbred and hybrid genetic complements of plants of variety W701BC.