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In this tutorial, Colton demonstrates how to create a quote form using a blank Excel spreadsheet. He emphasizes the importance of saving the file initially to prevent loss of work. Colton starts by typing in basic generic information at the top, such as the company name, address, phone number, and details of the quote recipient. The focus is on establishing a reusable template that can be filled out with specific information later. He mentions that formatting can be adjusted after the general structure is set, highlighting that the current priority is to outline the essential elements needed for the form.