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Colton from Custom Excel Spreadsheets tutorial demonstrates how to create a quote form for a business using a blank spreadsheet. He emphasizes the importance of saving the file initially to prevent data loss. Colton starts by entering basic generic information at the top, including the company name, address, phone number, and details regarding the quote recipient. The goal is to create a reusable template for future quotes. He notes that formatting can be adjusted later, as the primary focus is on establishing the necessary components for the form. Overall, he aims to set up a basic structure that can be refined over time.