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In this tutorial video, viewers will learn how to properly set up business letters in Microsoft Word. The process begins by adjusting the top margin from 1 inch to 2 inches. This change is made by navigating to the page layout, selecting margins, and then choosing custom margins to input "2" for the top margin. After pressing OK, the cursor will be positioned correctly with the new margin. The tutorial also hints at further adjustments, including font style, size, and spacing options, which will follow in the subsequent sections of the video.