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In this tutorial, Colton from Custom Excel Spreadsheets explains how to create a reusable quote form. He starts by opening a blank spreadsheet and saving it to prevent data loss. The tutorial proceeds with adding generic information at the top, including the company name, address, and recipient details. Colton emphasizes the importance of creating a template that can be filled out with specific information later. He notes that formatting the spreadsheet is not a priority at this stage; the focus is on establishing the essential components that will appear on the quote form. Formatting can be adjusted in subsequent steps.