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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 two or three changes he has made to the template, explaining the rationale behind each update. The first major update involves the industry research, where he has refreshed all data in the template based on his subscription to IbisWorld, the leading source for industry research. He accessed information specifically related to coffee and snack shop industries to enhance the accuracy and relevance of the business plan template. After discussing these updates, he concludes the presentation.