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In this video, Paul Broski, owner of Quality Business Plan and Quality Business Consultant, shares updates to his coffee shop business plan template for 2023. He walks through two to three key changes he made to the template, explaining each update as he goes. The first notable update involves a thorough revision of the industry research section, utilizing data from IbisWorld, a leader in industry research. Paul highlights his findings on the coffee and snack shop industries, emphasizing the importance of incorporating current and relevant information into the business plan. The presentation is followed by a summary of the discussed changes.