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In this tutorial, Colton from Custom Excel Spreadsheets explains how to create a quote form for a business using a blank spreadsheet. He emphasizes the importance of saving the document to avoid losing work. Colton starts by entering generic information at the top, including the company name, address, and contact details. He focuses on setting up a template that can be reused, highlighting that the initial formatting isn't critical and can be improved later. The aim is to establish a foundational structure for the quote form, which can be filled in with specific details afterwards.