Profit Planners Management Officially Launches A Sports & Entertainment Practice
New division aims to create new business channels and add value to the company
NEW YORK, Sept. 18, 2012 /PRNewswire/ -- (OTC: PPMT), Profit Planners Management, Inc. announced today the launch of its Sports and Entertainment Practice. Profit Planners Management's Sports & Entertainment Practice will provide a wide range of financial services to professional athletes; entertainers, actors and industry moguls stated CEO and Chairman, Wesley Ramjeet . The financial services will include budget planning, cash flow management, bill payment, credit management, insurance planning, retirement planning and tax strategy, planning & preparation.
"We will apply our disciplined corporate client methods to our Sports and Entertainment Practice.
Many entertainers, actors and professional athletes require professional financial guidance and hands on approach to managing their finances. According to statistics, 78% of NFL players are on a financial downfall or bankrupt within two years of retirement and 60% of NBA players are also financially troubled within five years of retirement." Said Mr. Ramjeet, "We believe that with our financial programs we can prevent professional athletes and entertainers from becoming part of those statistics."
Raymond Marslin, Senior Vice President, added, "Our current sports & entertainment clients have already experienced improvements in their financial positions as a direct result of our judicious guidance and competent execution. We believe that our Sports & Entertainment Practice will greatly expand Profit Planners Management Inc.'s client services and add value to the company overall."
With office locations in New York, Miami and Beverly Hills, Profit Planners Management, Inc. is strategically placed in the sports and entertainment hubs of the world. PPMT aims to create a financial concierge service for its cliental and create value for its investors.
About Profit Planners Management, Inc.
Profit Planners Management, Inc. (OTC: PPMT) is a publicly traded company that provides professional services to public and private companies. We provide CFO, accounting, management, tax and other professional services. For more information, please visit: www.profitplannersmgt.com.
Forward Looking Statements
All statements, other than statements of historical fact included in this press release regarding our strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, intentions and expectations reflected in or suggested by the forward-looking statements we make are reasonable, we can give no assurance that these plans, intentions or expectations will be achieved.
Profit Planners Management
SOURCE Profit Planners Management, Inc.
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