Have you used a Zutter Bind-It-All before? It’s fairly easy to use, just need to make sure you hold the paper level! Here’s a video to explain the options!
This machine is used to make a book and bind it together using a coil. It will punch the notches and then after you assemble the book on to the coil, it will cinch the coil. I used it today to punch holes in a bookmark to place in my planner.