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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 will walk through two or three key changes made to the template, explaining the rationale behind them. The first update involves a comprehensive revision of the industry research section, utilizing his subscription to IbisWorld, the leader in industry research. Paul accessed data specific to coffee and snack shop industries, extracting important insights to enhance the plan's relevance and accuracy. He will present this information through a PowerPoint presentation, concluding with a summary of the updates.