Prosper was created in 2015 in Eau Claire, Wisconsin. In 2018, the company saw tremendous growth as a property management entity, expanding from just under 400 properties managed to 1,800 rental properties in an 8-month time period. Today, Prosper manages properties all over the Midwest. You can visit Prosper’s marketing website at www.ProsperPads.com.
With this expansion came immense growing pains, and even though management fee collections had increased exponentially, the overall profit margin did not.
In short, Prosper was doing a lot more work and not making any more money to show for it.
Examining the data, Prosper realized that labor had skyrocketed with the expansion and all of the increased revenue was being burnt up by paying a larger staff.
Prosper management then looked into different ways to decrease labor costs and increase profit margins, which led to several trips to the Philippines to train staff members to take over jobs that were currently being performed at the corporate headquarters.
What Prosper realized during this time, was that the virtual assistants were clearly capable of doing any task that was being done back in the United States. Not only could the task be done overseas, but the team that Prosper recruited and trained were incredibly reliable, trustworthy and dedicated workers that could in most cases, accomplish tasks quicker than the staff members working in the United States, at a fraction of the cost.
This led to Prosper consulting with other small businesses to help them solve the issues that Prosper had solved with the use of Virtual Assistants.
Fast forward to today and Prosper now has a training facility in Cebu City, Philippines and is the only Business Process Outsourcing company in the USA that has trainees work for an American Small Business before they work for your business.
Prosper now believes that Virtual Assistants are an absolute necessity for every small business to create the best service for their clients and prospective clients while achieving maximum profit for their business.