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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form for businesses using a blank spreadsheet. He advises starting by saving the file to prevent data loss and then begins entering generic information at the top, including the company name, address, and contact details. Colton emphasizes the importance of setting up a reusable template, which can be filled in with specific details later. He mentions that initial formatting isn't a concern, as the goal is to establish the essential components of the form, which can be refined later.