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In this tutorial, Colton demonstrates how to create a quote form using a blank Excel spreadsheet. He suggests starting by saving the spreadsheet to prevent data loss. The initial step involves entering generic company information at the top, including the company name, address, phone number, and the recipient of the quote. Colton emphasizes the importance of setting up a reusable template, noting that specific details can be filled in later. He mentions that formatting is not the priority at this stage; the focus is on establishing the essential elements that will appear on the final form, which can be refined later.