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In this tutorial, Colton demonstrates how to create a quote form using Excel. He starts by emphasizing the importance of opening a blank spreadsheet and saving it to prevent data loss. Colton proceeds to input generic information at the top, such as the company name, address, phone number, and recipient details, establishing a basic template. He stresses that this template will be refined later, focusing initially on the essential components needed for the quote form. The goal is to develop a reusable template that can be filled out with specific details in the future, without concerning himself with formatting at this stage.