Financial Forecasts and Projections are long-term predictions of how a company or organization’s financial activities will unfold over time. These predictions are based on current performance information as well as past trends and patterns that may be relevant to the future. Forecasting and projecting can help inform decisions about strategic investments, funding needs, budgeting, and other important choices in an organization’s life-cycle. It is a vital tool for businesses of all sizes who wish to remain agile and nimble in the face of ever-changing markets and economic conditions.