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In this tutorial, Colton from Custom Excel Spreadsheets explains how to create a quote form for businesses using a blank spreadsheet. He begins by saving the spreadsheet to prevent data loss, then suggests entering generic information at the top, including the company name, address, phone number, and the recipient of the quote. Colton emphasizes the importance of establishing a reusable template, which can be refined later for better formatting. His goal is to set up a basic structure for the quote form before filling in specific details. The focus is on getting the foundational elements in place for future use.