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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form for a business using Excel. He begins by opening a blank spreadsheet and saving it to prevent data loss. Colton suggests entering generic information at the top, including the company name, address, phone number, and the recipient of the quote. He emphasizes the importance of setting up a reusable template for efficiency, noting that the initial layout does not need to be perfect, as formatting can be adjusted later. The goal is to establish a basic structure for the quote form that can be updated with specific details in the future.