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In this tutorial, Colton from Custom Excel Spreadsheets explains how to create a quote form for a business using a blank spreadsheet. He advises users to save their work early and starts by entering generic information at the top, including the company name, address, and contact details. The focus is on establishing a template that can be reused in the future. Colton emphasizes not worrying about formatting at this stage, as the priority is to outline the necessary items that need to appear on the form. Final adjustments can be made later to enhance the appearance.