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In this tutorial, Colton demonstrates how to create a quote form using a blank Excel spreadsheet. He emphasizes the importance of saving the file initially to prevent loss of work. Colton begins by entering generic information at the top of the spreadsheet, including the company name, address, phone number, and the recipient of the quote. He focuses on establishing a template that can be reused, suggesting that formatting details can be improved later. The key goal is to set up a structured framework for compiling relevant information, which can be customized with specific details at a later stage.