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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 advises starting with a blank spreadsheet, saving it to prevent data loss, and entering generic information at the top, such as the company name, address, and contact details. Colton emphasizes the importance of creating a reusable template rather than focusing on formatting initially. He suggests establishing a basic structure for the form that can be refined later, enabling users to come back and fill out specific details as needed. Overall, the goal is to set up a functional and customizable quote form.