Financial projections are a forward-looking analysis of a business’s expected financial performance. They are usually created as part of the budgeting process, but can also be used to evaluate strategic investments or analyze growth opportunities. Financial projections include forecasts for sales, expenses, cash flow, profits, and other important metrics. By accurately forecasting these items, businesses can identify potential risks and make informed decisions about their finances. With an accurate financial projection, businesses can steer themselves toward success.