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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. The first step is to open and save the spreadsheet to prevent data loss. Colton emphasizes typing in generic information at the top, including the company name, address, and contact details, as a template for future use. He suggests that the initial focus should be on setting up a basic structure without worrying about formatting, which can be adjusted later. The goal is to create a reusable template that can be filled out with specific information as needed.