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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form for a business using a blank spreadsheet. He emphasizes the importance of saving the file to prevent data loss and begins by entering generic information at the top, including the company name, address, phone number, and details of the quote recipient. Colton advises focusing on setting up a template that can be reused, rather than worrying about formatting initially. The goal is to outline the necessary information for the quote form, with the intention of refining the appearance later.