Definition
Financial projections are forward-looking estimates of a company�s financial performance, including revenue, expenses, and profit. They are typically created for budgeting, planning, and securing funding.
Related Services
Financial planning, forecasting, business consulting, and investment advisory services assist businesses in creating reliable financial projections.
Problem and Application
While financial projections help with planning, they rely on assumptions and can be influenced by external factors, making them inherently uncertain.
Conclusion
Financial projections are essential for guiding business strategies and securing investments but should be regularly updated and monitored against actual performance.
