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In this tutorial, Colton explains how to create a customizable quote form using Excel. He begins by opening a blank spreadsheet and advising viewers to save their work to prevent loss. Colton emphasizes the importance of entering basic information at the top, including the company name, address, and contact details, while creating a template for future use. He notes that the initial setup might not look polished and that formatting can be adjusted later. The key takeaway is to establish a functional template that can be repeatedly utilized, focusing on the essential elements that will appear in the quote form.