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Colton from Custom Excel Spreadsheets demonstrates how to create a quote form for a business using a blank spreadsheet. He recommends starting by saving the file to avoid losing work. The tutorial focuses on inputting generic information at the top, such as the company name, address, phone number, and the recipient of the quote. Colton emphasizes the importance of creating a reusable template, which can be refined and formatted later. The initial goal is to establish the key components of the form before addressing aesthetics, allowing for flexibility and ease in future use.