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In this tutorial by Colton from Custom Excel Spreadsheets, he demonstrates how to create a quote form using a blank spreadsheet. He begins by opening and saving the spreadsheet to prevent data loss. Next, he types in generic information at the top, including the company name, address, and contact details, while setting up a template for future use. He emphasizes that the initial layout can be adjusted later, focusing on organizing the essential information to be included in the quote form. The goal is to create a reusable template, outlining the basic components necessary for the form without initial concern for formatting.