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In this tutorial, Colton demonstrates how to create a quote form using a blank Excel spreadsheet. He begins by emphasizing the importance of saving the document to prevent data loss. Colton then types in generic information at the top, including the company name, address, phone number, and a placeholder for the recipient's information, establishing a template. He notes that the focus is on getting the general setup done rather than on formatting at this stage, indicating that these details can be adjusted later. The goal is to create a reusable template for future use.