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In this tutorial, Colton demonstrates how to create a quote form using a blank Excel spreadsheet. He starts by emphasizing the importance of saving the spreadsheet to prevent data loss. Colton suggests entering generic information at the top, including the company name, address, and phone number, as well as the recipient's details. The goal is to establish a reusable template that can be filled out with specific information later. He mentions that initial formatting isn't a priority and encourages viewers to focus on outlining the key components they want on the form, allowing for adjustments in appearance at a later stage.