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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 emphasizes the importance of saving the file initially to avoid losing progress. Colton suggests starting by entering generic information at the top, such as the company name, address, and contact details. He focuses on establishing a template that can be reused, rather than perfecting the format at this stage. The aim is to lay out the essential components for the quote form, with the intention of refining the formatting later. Overall, the tutorial guides viewers in setting up a functional and reusable quote form template.