By the early to mid-seventeenth century, Spain, England, France, and the Netherlands were all competing for colonies and trade around the world. Beginning in the late fifteenth century, explorers, conquerors, missionaries, merchants, and adventurers sought to claim new lands to colonize.
Renovation describes a series of planned changes and updates made to a facility where business is conducted. Office and building renovation will take place now and again in the environment of most business, at their own or at others' initiative, in response to new needs, technological pressures, or simply the need for maintenance and renewal. Renovation, for a business, may be a response to declining sales.
Building Improvements. Anything you do to your building that changes its function, increases its value or extends its useful life is an improvement. Renovating the lobby to make it more attractive is an example of an improvement as is replacing all of the building's lighting fixtures with new high-efficiency fixtures.