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In this tutorial, Colton from Custom Excel Spreadsheets explains how to create a quote form for your business using a blank spreadsheet. The first step is to save the spreadsheet to avoid losing any progress. Then, he suggests entering basic information at the top, such as the company name, address, phone number, and details for the quote recipient. The goal is to create a template that can be reused, so the initial focus is on gathering necessary fields rather than formatting. Colton emphasizes the importance of setting up a general structure before refining the appearance later on.