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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form for your business. He begins by opening a blank spreadsheet and emphasizes the importance of saving the file to prevent data loss. Colton suggests adding generic details at the top, such as the company name, address, and the recipient of the quote. The aim is to set up a reusable template that can be modified later with specific information. He notes that formatting is not a priority at this stage, as the primary goal is to outline the necessary components of the form before refining the appearance in subsequent steps.