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Paul Broski, owner of Quality Business Plan, shares updates to his restaurant business plan template for 2023. The video outlines two to three significant changes made to the template. He begins by discussing improvements in the industry research section, where he leveraged a subscription to IbisWorld to gather updated data on revenues, profits, profit margins, business employment, and wages—essential components for a comprehensive business plan. After detailing these updates, he intends to wrap up the discussion and summarize the key points covered.
