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In this tutorial, Michael from Success for Others discusses the importance of maintenance agreements for in-home service businesses. He emphasizes that cash flow is essential for sustaining operations and meeting employee and customer needs. Maintenance agreements significantly enhance a company's cash position, more than any other service. Despite their benefits, he observes many service companies either do not offer these agreements or undervalue them, citing concerns such as lack of profitability or insufficient time during peak seasons. Michael challenges these misconceptions and highlights the critical role maintenance agreements play in business stability and growth.
