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In this tutorial, Colton from Custom Excel Spreadsheets explains how to create a quote form for business use. He starts by opening a blank spreadsheet and saving it to prevent data loss. The initial step involves entering generic information, 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 later for formatting. The main goal at this stage is to establish a general layout for the form, allowing for adjustments and details to be added afterward as needed.