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In this video, Paul Broski, owner of Quality Business Plan and Quality Business Consultant, shares updates to his coffee shop business plan template for 2023. He highlights two to three key changes made to the template, explaining the rationale behind each. The first significant update involves a comprehensive refresh of the industry research section, utilizing data from IbisWorld, a leading provider of industry research. Paul discusses the process of gathering relevant information about the coffee and snack shop industries, enhancing the template for users to benefit from updated insights. He concludes the presentation with a wrap-up of the main points covered.