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The text describes the process of creating a new opportunity in Salesforce associated with a contact record. By clicking on the IT Equality account, a new opportunity is generated with details such as close date and stage. The primary contact for the opportunity is linked to the contact record. A new quote can then be generated with a start date, required for contracts to work effectively. The tutorial demonstrates how to navigate through the Salesforce interface to create and link various elements for efficient sales management.
