Projecting future cash flows is an important element of any business. It’s the process of predicting and assessing how much money the company will have available in the future. This involves estimating both operational and capital expenses, while also taking into account expected income, investments, borrowing, and other external factors. Projecting future cash flows helps businesses to make informed decisions about their overall budget, determine whether they are able to take on new projects or investments, and plan for eventualities such as an economic downturn or unexpected costs. Ultimately, projecting future cash flows keeps businesses on track to reach their financial goals.