s w o t

Competitors with greater capital can move the business faster as they have the ability to afford the latest technologies.

Changing customer preferences and lifestyles that influence design trends. Making it more challenging to keep up with the trends.

Social economic political ethical

If the bank increases interest rate, clients would prefer to save their money in the bank for a better return hence would be less willing to invest in other spendings such as expanding their homes and offices.

Uncertainty or inconsistency in the Australian government could slow down the production process and reduce clients' confident in buildings, tax, and regulations.

Ethical considerations in material sourcing can result in an increase in the cost of material as lesser materials can be used if some others did not qualify under the ethical codes. Besides, our company may face regular shortage of materials as there will be an increase in demand for limited supply/resources.

TAdvancements in design software, rendering tools, and 3D modeling help the company to grow stronger but in the meantime, more companies out there in the industry are able to produce the same result. Therefore, our company may loss competitiveness.