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A quote is a formal document that outlines the services and products offered to a client, including costs and expected outcomes. It is essential to secure a client's signature and a deposit before beginning work, even when a client expresses trust or a casual approach. This ensures a legitimate agreement. The tutorial uses Jobber to create quotes, which allows users to list line items, materials, and labor easily. It’s important to include a detailed description of the work to be performed and specify how long the quote remains valid, such as three or ten days.