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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form for a business using a blank spreadsheet. He suggests starting by saving the file to prevent loss of work. Colton emphasizes entering generic information at the top, such as the company name, address, and contact details, while customizing for the specific quote recipient later. The focus during this initial setup is on establishing a template that can be reused, without worrying about formatting at this stage. He plans to refine the design and add specific details as needed in future steps.