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In this tutorial, Colton from Custom Excel Spreadsheets explains how to create a quote form for businesses using a blank spreadsheet. He emphasizes the importance of saving the file initially to avoid losing work. Colton begins by inputting generic information at the top, such as the company name, address, and contact details, while also identifying the recipient of the quote. The goal is to establish a reusable template, allowing users to fill in specific details later. He notes that formatting can be adjusted later and focuses on getting a basic structure set up for the quote form at this stage.