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In this tutorial, Colton teaches how to create a quote form using a blank Excel spreadsheet. The first step is to open and save the spreadsheet to prevent data loss. He suggests inputting basic company information at the top, including the company name, address, contact details, and the recipient's name. The goal is to establish a template that can be reused for future quotes, rather than focusing on formatting initially. Colton emphasizes setting up the essential elements of the form, which can be formatted and refined later. The tutorial aims to help users create a functional and repeatable quoting process for their business.