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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 saving the document to prevent data loss and then inputs generic information at the top, such as the company name, address, phone number, and the recipient of the quote. Colton emphasizes the importance of creating a reusable template, which can be refined later for formatting and aesthetics. The initial focus is on establishing the essential components of the form, with the intention of customizing it with specific details in future uses.