Baltimore software company
is coming out this fall with two new applications designed to help retailers and other small business owners manage their inventory, sales, exchanges and returns.
CEO Ronald Schmelzer says the goal is to help small business-owners manage their companies better and at a lower cost than other available products. Schmelzer founded the privately-owned company in 2010 and released its first product last year. The two new applications will be out by October, and the company is on track to have a total of 34 software applications for various business operations by the end of this year. Each product costs less than $30 per month.
“These are not custom apps but they fit general situations,” says Schmelzer, who identifies industries that have a small-business focus, like physicians’ and dentists’ offices, retail stores and restaurants and develops software for them.
Bizelo’s electronic retail supply management application, one of the two new products, is intended to help small business owners buy products online from their vendors. Its return management system, the other new product, helps small businesses with the return/exchange process by generating return labels, keeping track of returns/exchanges and which items are most often sent back.
Bizelo is located in a commercial building in Roland Park. Schmelzer is looking to hire two to three software developers within the next six months to add to the existing staff of six.
Last June, he closed out a crowd-funding round that raised about $100,000. He is in the process of launching another financing round, aiming to raise $750,000 from angel and seed investors.
“There’s no reason we can’t develop hundreds of apps,” says Schmelzer.
Source: Ronald Schmelzer, Bizelo
Writer: Barbara Pash