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In this tutorial, Colton explains how to create a quote form for your business using Excel. The first step is to open a blank spreadsheet, save it, and enter generic information such as company name, address, phone number, and recipient of the quote. The focus is on creating a template that can be saved and reused. Formatting is not a concern initially, as adjustments can be made later. The goal is to set up the basic structure of the form first.