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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 recommends entering 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 template that can be reused, rather than formatting the document at this stage. Colton emphasizes the importance of outlining the essential elements of the quote form first, allowing for adjustments and improvements in formatting later on. The aim is to create a functional template for future use.