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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 Excel spreadsheet. He emphasizes the importance of saving the file to prevent loss of work. The initial step involves entering basic information such as the company name, address, and contact details, along with "who the quote is for." Colton is focused on establishing a template that can be reused, rather than on formatting at this stage. The goal is to outline the necessary components for the quote form, with the understanding that adjustments to formatting can be made later.