Revenue projections are estimates of the amount of money a business expects to earn over a specific period, usually based on historical data, market trends, and economic conditions. These projections help companies plan their budgets, allocate resources, and make informed decisions about investments and growth strategies. Accurate revenue projections are crucial for stakeholders, including investors and management, as they provide insights into the company's financial health. Tools like financial models and market analysis can assist in creating these projections, allowing businesses to adjust their strategies based on anticipated performance and market changes.