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In this tutorial, Colton from Custom Excel Spreadsheets demonstrates how to create a reusable quote form in Excel. He begins by opening a blank spreadsheet and saving it to avoid losing progress. Colton emphasizes the importance of setting up a template by entering generic information, including the company name, address, and contact details. He focuses on establishing a basic framework for the form without worrying about formatting at this stage, aiming to decide on the essential elements to include. The goal is to create a template that can be saved and used repeatedly for future quotes.