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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form. He starts by opening a blank spreadsheet and saving it to prevent data loss. Colton emphasizes the importance of setting up a template that can be reused, focusing on entering generic information such as the company name, address, contact number, and recipient details. He explains that formatting isn't a priority initially; the goal is to establish what information will be included in the form. Colton intends to refine the layout and improve formatting later in the process, ensuring the form is functional and ready for use.