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Paul Broski, owner of Quality Business Plan, shares updates to his restaurant business plan template for 2023. The video outlines two or three key changes made to the template. Firstly, he has revamped the industry research section by leveraging a subscription to IBISWorld, gathering updated data on revenues, profits, profit margins, employment, and wages. This new information enhances the critical components typically included in a business plan. After discussing these updates, he plans to summarize the content and conclude the video.
