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In this tutorial, Colton from Custom Excel Spreadsheets teaches how to create a quote form for a business using a blank spreadsheet. He emphasizes the importance of saving the file to prevent data loss. The initial steps involve typing in generic company information at the top, including the company name, address, and phone number, along with space for the quote recipient's details. Colton focuses on establishing a template that can be reused, setting up a basic structure without worrying about formatting initially. He stresses that specific details can be added later, highlighting the goal of creating a functional and repeatable form.