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In this tutorial by Colton from Custom Excel Spreadsheets, he demonstrates how to create a quote form for a business using a blank spreadsheet. He emphasizes the importance of saving the document to avoid losing progress. The process begins with entering generic information such as the company name, address, and contact details at the top of the sheet. Colton mentions the need to establish a template that can be reused, focusing on the layout rather than formatting at this stage. The objective is to create a basic structure that can later be populated with specific details and modified for improved appearance.