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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form for a business. He suggests starting with a blank spreadsheet and saving it to prevent data loss. Colton emphasizes entering generic information at the top, including the company name, address, phone number, and details of the recipient of the quote. He focuses on setting up a reusable template that can be filled out with specific details later, rather than concentrating on initial formatting. The goal is to establish a foundational structure for the quote form that can be refined over time.