6Canterbury Renovations Strategic Plan Version 1.0BSBMGT616 Develop and Implement Strategy PlanWidy Gorbachev SIBC091090about late delivery. The first instalment of business money could give long timeto get breakeven point from the first capital. There is too much investment foradvertising. There are possibilities they cannot get contract from agencies.There is a chance of loss of support and supply from the suppliers. There arelots of competitors making the cabinet that has been existing in Sydney andAustralia that will compete with Canterbury Renovations. G. External Analysis PESTPoliticalThe political changes couldn’t make any different affect towards the people that like to spend money on cabinet making. There will be some regulation making of the changes to improve safety standard and quality of cabinet making in Australia. The greater thing is this business doesn’t have any effects on politic. EconomicalThe increasing tax and rising the charge towards business and purchasing of item could cause less sales to the cabinet making. But in Australia the changing of tax towards purchasing of item is very seldom. There will be the fixed price and inflation price depends on the city where the service is targeted to the target market. SocialThe grow of properties and people that wants to do business will increase the chance for Canterbury Renovations to get more customers and it is specially inmaking the cabinet. The newest style and sharing of information for cabinet making will give more opportunities for the expansion and getting more references from market. TechnologicalThe improvement of technology especially internet and social media makes easier marketing and promotional strategies to let the people know and good service of Canterbury Renovations. The increasing of website review and recommendation makes more people want to try using the service from Canterbury Renovations. They can make the good using of the 3D design to support them in showing the customer how they could design and make the cabinet before they decide to buy it. The good way of art and design using 3D Maker application will support them for displaying the blue print.I. Strategical performance Canterbury Renovations will have a showroom for people to visit. This will allow some demonstration of work and products available and provide a space where projects can be discussed, planned and contractssigned.Alternatively, Canterbury Renovations staff will visit clients’ homes to discuss projects and sign contracts.