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Paul Broski, owner of Quality Business Plan, introduces updates to his restaurant business plan template for 2023. The video outlines two or three key changes to the template, starting with an updated industry research section. Broski acquired a subscription to IbisWorld to gather new data on revenues, profits, profit margins, business employment, and wages—essential components for a solid business plan. After discussing these updates, the video will conclude with a summary of the changes made.