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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 general information at the top, including the company name, address, phone number, and details about the quote recipient. Colton focuses on creating a reusable template rather than formatting at this stage, as the primary goal is to outline the necessary components that will appear on the form. Formatting concerns can be addressed later in the process.