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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 crucial for business sustainability, as it ensures the company can support its employees and meet customer needs. Maintenance agreements significantly enhance a company's cash position, yet many service companies either do not offer them or dismiss their value. Michael notes that some perceive maintenance agreements as loss leaders or feel there isn't enough profit in them, while others believe they lack the time to manage these agreements effectively during peak seasons.
