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In this tutorial, Colton demonstrates how to create a quote form using Excel. He starts by opening a blank spreadsheet and emphasizes the importance of saving it to prevent data loss. Colton suggests entering generic information at the top, including the company name, address, phone number, and details for the quote recipient. The goal is to establish a reusable template that can be filled in with specific details later. He notes that initial formatting is not crucial and can be addressed thereafter, focusing instead on setting up the necessary components of the form to streamline future use.