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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 suggests starting by saving the document to avoid losing work. The initial step involves entering generic information at the top of the sheet, including the company name, address, phone number, and details about the quote recipient. Colton emphasizes the importance of setting up a reusable template, noting that formatting can be adjusted later. The focus is on creating a basic structure for the form, which can be refined after all necessary elements are included.