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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form for a business using a blank spreadsheet. He emphasizes the importance of saving the file to prevent data loss. The initial steps involve entering basic information at the top, such as the company name, address, phone number, and details about the quote recipient. Colton focuses on creating a usable template that can be saved for multiple uses rather than perfecting the layout at this stage. His approach is to outline the necessary components of the form before addressing formatting details later.