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Paul Broski, owner of Quality Business Plan and Quality Business Consultant, shares updates to his coffee shop business plan template for 2023. In the video, he outlines a few key changes made to the template and explains the reasoning behind them. The first major update is the revision of industry research, utilizing IbisWorld, a leading provider of industry data. Paul accessed their resources to gather relevant information pertaining to the coffee and snack shop industries, ensuring that the template reflects current trends and statistics. After this walkthrough, he plans to summarize the updates before concluding the session.