Research On Financing Project Of Boston Battery Company

With the fast development of the new energy industry,in order to grow up quickly,to gain competitive advantage,usually the company need big capital injection,to promote research and development,increase their production capacity.But in the start-up and growth stage of new energy enterprises,obviously the normal financing channels is unable to meet the rapid expansion of capital demand.Therefore,to follow the enterprise's development strategy,they need to implement both the equity financing and debt financing,then after become more stronger.Finally,start implementation of IPO.That will be reasonable approach to them.Firstly,in this paper,according to the actual situation of the case,refer to the results of previous theoretical studies,I study deeply the Boston battery company's financing issues.First of all,the paper reviews the classical theories and methods of financing,which provides a theoretical basis for the research of Boston Battery company's case.Based on the current financing situation of Boston battery company and the existing problems,including higher proportion of short-term debt financing in the debt financing structure,and analysis of the root cause of the company's financing problems,which is not smart development and competitive strategic.Then,analysis financing needs of Boston battery in next 5 years,and using the EFE/IFE matrix method,to analysis the internal and external financing environment of Boston battery company by qualitative and quantitative analysis.Secondly,I pointed out that according to the reasonable development strategy,Boston should take the way of financing is :equity financing amount as soon as possible,and on the condition of without losing control of the company,I design the approach of Investors step-by-step invest company via the fund companies,as well as the implementation of domestic IPO financing plan.Then,the qualitative analysis of the risk in the financing process.Then I proposed risk management and control program.Finally,the paper puts forward the internal security program and external security program of the implementation of the financing plan,especially the business partner system to ensure the successful completion of corporate finance.At last,this paper is intended to give advice and suggestions how to solve the financing problem of Boston battery,but also hope that this paper can be reference to other new energy enterprise,which also in the start-up stage and development stage of whole life period.Before the implementation of the financing plan,they must build up the company's long-term development and competition strategy,at least for 3-5 years.Then calculate fund needs in the future,and consider both debt financing plan and equity financing plan.In the implementation process,they should pay attention to risk assessment and risk control,by using the internal and external resources,by security system.Only under guidance of theory,reasonable analysis,and then develop a practical financing program in order to take company's future development strategy into practice.