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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form for your business. He starts by opening a blank spreadsheet and saving it to prevent data loss. Colton emphasizes the importance of setting up a template containing essential information such as the company name, address, and contact details. He mentions that the initial focus is on organizing the general layout rather than formatting, as the aim is to create a reusable template. Once the basic information is in place, users can later customize it with specific details as needed.