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In this tutorial by Colton from Custom Excel Spreadsheets, he demonstrates how to create a quote form for a business using a blank spreadsheet. He starts by advising viewers to open and save their spreadsheet to prevent data loss. Colton then begins entering basic generic information at the top, such as the company name, address, phone number, and quote recipient details, emphasizing the importance of creating a reusable template. He notes that formatting is not a concern at this initial stage, as the goal is to establish a framework that can be filled in with specific information later.