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In this tutorial, Colton explains how to create a quote form using Excel. He begins by emphasizing the importance of opening a blank spreadsheet and saving the file to prevent data loss. Colton then suggests inputting generic information at the top, such as the company name, address, phone number, and the recipient of the quote. The focus is on establishing a basic template that can be reused, rather than on formatting initially. Colton aims to set up a foundational structure for the form, which can be refined later with specific details and formatting adjustments.