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In this video, Paul Broski, owner of Quality Business Plan and Quality Business Consultant, presents updates to his coffee shop business plan template for 2023. He walks viewers through two to three key changes made to the template, explaining the rationale behind each update. The first major update includes a complete overhaul of the industry research data within the business plan template. Paul utilized IbisWorld, a leading provider of industry research, to gather and summarize pertinent information about the coffee and snack shop industries. He plans to finish the video with a summary of the changes made.