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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. He suggests entering basic information at the top, such as the company name, address, phone number, and the intended recipient's details. Colton emphasizes the importance of creating a reusable template that can be filled out with specific information later. He notes that formatting is not a concern at this stage, and the focus is on establishing a general layout of the content that will appear on the quote form.