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In this tutorial, Colton demonstrates how to create a quote form using a blank Excel spreadsheet. He advises users to first save the file to prevent data loss. Colton suggests starting by entering generic information at the top, including the company name, address, and contact details, along with the recipient of the quote. The focus is on establishing a reusable template rather than on formatting, which can be refined later. The aim is to systematically build a structure that will be filled out with specific information when needed.