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In this tutorial by Colton from Custom Excel Spreadsheets, he guides viewers on creating a reusable quote form for businesses using a blank spreadsheet. The first step is to open and save the spreadsheet to prevent data loss. Colton emphasizes starting with generic information, such as the company name, address, and contact details, while emphasizing the importance of creating a template that can be reused. He suggests that the initial layout does not need to be perfect, as formatting can be adjusted later. The goal is to establish a foundational setup for the form, which can later be customized with specific details.