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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form for business use. He begins by opening a blank Excel spreadsheet and advises saving the file to prevent data loss. Colton emphasizes the importance of setting up a template that can be reused, starting with basic elements such as the company name, address, phone number, and the recipient of the quote. He indicates that formatting is not a priority at this stage, focusing instead on establishing the necessary components of the form. Colton suggests that details can be filled in later, allowing viewers to create an effective, repeatable template for their quoting needs.