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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form for a business. He starts by opening a blank spreadsheet and saving it to prevent data loss. Colton types in generic information such as company name, address, phone number, and details for the quote recipient to set up a basic template. He emphasizes that the focus is on establishing a general layout for the form, without worrying about formatting at this stage. The goal is to create a reusable template that can be filled out with specific details later. Formatting improvements can be made after the initial setup.