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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a quote form. He begins by opening a blank spreadsheet and saving it to prevent data loss. Colton suggests starting with basic information at the top, including the company name, address, phone number, and recipient details. The focus is on establishing a template that can be reused rather than formatting it perfectly at this stage. He emphasizes the importance of outlining the elements to be included in the form, assuring viewers that formatting can be adjusted later on. The goal is to create a functional template for business quotes.