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In this tutorial, Colton from Custom Excel Spreadsheets guides viewers on creating a business quote form using a blank spreadsheet. He emphasizes the importance of saving the file to prevent data loss. The initial step involves entering generic information at the top, such as company name, address, contact details, and the recipient of the quote. Colton suggests creating a reusable template to streamline future quoting processes. He notes that formatting is not a concern at this stage, as the focus is on establishing the core elements that will appear on the form, which can be refined later.