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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 avoid losing work. The initial step involves entering generic information at the top of the spreadsheet, such as the company name, address, phone number, and details about the quote recipient. Colton focuses on setting up a reusable template, noting that formatting can be adjusted later. The goal is to establish a foundational layout for the quote form that can be filled in with specific information during future use.