Financial Projection

Financial projection is an estimate of a company's future financial performance based on current and historical data. It typically includes forecasts of income, expenses, cash flow, and profitability over a specific period, often using different scenarios to assess potential outcomes. Businesses use these projections to plan for growth, secure funding, and make informed decisions. Essentially, it’s a roadmap that helps organizations understand how financial trends might evolve, allowing them to strategize effectively for success in the future.