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In this tutorial, Colton demonstrates how to create a quote form using Excel. He starts by opening a blank spreadsheet and saving it to prevent data loss. Colton emphasizes the importance of setting up a template with generic information, including the company name, address, phone number, and details for the quote recipient. He focuses on getting a basic structure in place, stating that the form can be refined and formatted later. The goal is to create a reusable template that can be filled with specific details for different quotes, allowing users to easily adapt and utilize it for their business needs.