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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 starts by suggesting users save their work to avoid data loss. The initial step involves typing in generic information at the top, including the company name, address, and contact info, and noting the intended recipient of the quote. Colton focuses on developing a reusable template rather than perfecting formatting initially, emphasizing that the appearance can be improved later. The overall goal is to create a foundational quote form that can be repeatedly used for future quotes.