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In this tutorial, Colton demonstrates how to create a quote form using a blank Excel spreadsheet. He begins by saving the spreadsheet to avoid data loss, then proceeds to enter generic company information at the top, including the company name, address, phone number, and details on who the quote is for. Colton emphasizes the importance of creating a reusable template for future quotes, highlighting that formatting can be adjusted later. The focus at this stage is on structuring the form with essential elements rather than aesthetics, allowing for further refinement in the future.