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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 adds basic information at the top, including the company name, address, and phone number, emphasizing the need to establish a template for repeated use. He focuses on setting up the structure of the form rather than formatting, stating that the appearance can be improved later. The goal is to create a versatile template that can be filled out with specific details for various quotes.