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In this tutorial, Colton demonstrates how to create a quote form using Excel. He begins by opening a blank spreadsheet and saving it to prevent data loss. Colton suggests starting with basic information at the top, such as the company name, address, phone number, and the recipient of the quote. The aim is to create a reusable template rather than focusing on formatting initially. Colton emphasizes the importance of setting up a structure that includes all necessary details, which can be refined later. The goal is to establish a foundational template for future use in generating quotes.