Projections play an important role in business climate for almost every industry. Whether forecasting sales for the next fiscal year, demand for specific items, or anything else, projections are necessary to account for raw materials, labor, inventory, and more necessary. Cash flow projections for projects are also important, especially for small and medium-sized businesses in the growth stage. Liquidity is usually a premium for these companies, so it is important for them to understand exactly how their investment in a project will affect their cash flow at any given time. Being able to meet cash flow needs is an essential part of running a successful business. One of the biggest and most common mistakes when estimating incremental cash flow is excluding indirect costs. Managers have little difficulty estimating capital expenditures related to a new project. These elements are generally well understood, studied and taken into account. Although indirect costs are often overlooked, they can be significant. In finance: investments, institutions and management, album by Stanley Eakins...