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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. The first step is to open and save the spreadsheet to prevent data loss. He begins by entering generic information at the top, including the company name, address, phone number, and the name of the person the quote is for. The focus is on establishing a template that can be reused in the future, rather than perfecting the format at this stage. Colton emphasizes that the layout can be adjusted later as needed, prioritizing the overall structure of the quote form in the initial setup.