This probably belongs in the calibre forum. Sadly in the grand tradition of MobileRead, you will get wildly varying opinions as to what calibre is best used for.
For me, calibre is a tool I use to manage my library. I use various plugins for calibre to clean up the metadata, convert to epub as needed, remove DRM, transfer ebooks to my ereaders, keep track of various statistics, etc.
You could use calibre' editor to create an ebook but I would suggest using tools such as Microsoft Word or OpenOffice Writer for the writing process. Learn to use styles correctly and you will have a file that cleanly converts to epub which is the favoured format for most publishers. Oddly, this includes Amazon where epub is a preferred input format for producing their mobi/AZW3/KFX ebooks.
If you are planning on creating ebooks for sale, I'd suggest also getting acquainted with Kindle Previewer and purchasing several ereaders in addition to reading apps on iOS and Android. It can be rather surprising the differences between what an ebook looks like on a Kindle, Kobo, Nook, Pocketbook, Tolino, etc.
Check the calibre forum for some advice but don't miss the E-Books Formats forum and it's Workshop. ePub and Kindle Formats subforums where you will likely find more on the ebook creation process.
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