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In this video tutorial, Colton from custom Excel spreadsheets demonstrates how to create a quote form for your business. He advises starting with a blank spreadsheet, saving it, and inputting generic information such as company name, address, phone number, and recipient of the quote. Setting up a template now allows for easy reuse in the future. Formatting can be adjusted later, so focus on getting the content organized first. This tutorial emphasizes the importance of creating a customizable template for efficient quoting processes.