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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 proceeds to input generic information, including the company name, address, and contact details, to establish a template. He emphasizes the importance of creating a reusable template that can be filled in with specific details later. Colton notes that initial formatting is not a priority and encourages viewers to focus on outlining the necessary components of the form that will be refined later. The goal is to develop a functional framework for generating quotes for a business.